The Residential Real Estate Crash Index Message Board

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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Proud_Infidel who wrote (36179)	7/25/2005 10:59:16 AM
From: Proud_Infidel	Read Replies (1) of 306849

Look at the month over month jumps! The national median existing-home price for all housing types was another record of $219,000 in June. That was up 14.7 percent, the biggest year-over-year jump since November 1980. The June price was up 6 percent from the reading in May. The median price is the point at which half the home sell for more and half sell for less. The average housing price, which is typically higher due to the impact of upper-end home sales, was $268,000, again another record, and up 9.4 percent from a year ago and up 4 percent from May.

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