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Home>Opinions and Analysis>Housing Stuck in the Mud (Except for Prices)

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Housing Stuck in the Mud (Except for Prices)

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Tim Iacono

The Mess that Greenspan Made

Published : April 25th, 2014

89 words - Reading time : less than a minute

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FOLLOW : Growth Housing K Street Wall Street

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Category : Opinions and Analysis


	This Wall Street Journal story ($) charts the latest dismal housing data in the graphics below, that is, with the notable exception of home prices that continue their remarkable rise. Many of the most recent dismal reviews on housing were prompted by the plunge in new home sales reported on Wednesday and it’s worth pointing out again that it is home building, not home prices, that have the biggest direct impact on economic growth. Also see this New York Times story that, basically, echoes the same line of thinking.

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IMG Auteur

Tim Iacono 13 abonnés

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Tim Iacono is the founder of Iacono Research, a subscription service providing market commentary and investment advisory services specializing in commodity based investing.

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