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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: Lucretius who wrote (289380)6/22/2004 6:33:37 PM
From: MythMan  Read Replies (4) of 436258
 
NY Fed Study: No Sign of U.S. Housing Bubble
(Reuters) - There is no bubble in U.S. home prices despite the price surge in recent years, the New York Federal Reserve Bank said on Tuesday, and even if regional prices do fall, that will not pose a threat to the overall economy. The recent increase in house prices has been in line with declining mortgage rates, a factor that many arguments about a housing bubble ignore, the New York Fed said in a study. More... <<
story.news.yahoo.com

there you have it!
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