Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: P.Prazeres who wrote (42889)	8/10/1999 8:00:00 AM
From: Haim R. Branisteanu	Read Replies (1) of 94695

Paulo the price is steady on a relative basis to interest rates. I am not sure if your numbers are reflective of NYC area, but for house prices to match the national reported inflation they need to drop around 15% relative to interest rates, which will result in a drop of around 25% from June average prices. Haim

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