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To: Uncle Frank who wrote (14452)5/27/2001 2:47:13 PM
From: Thomas Mercer-Hursh  Read Replies (1) | Respond to of 22706
 
Residential prices are still strong, though appreciably off their highs

The Chron from a couple of days ago reported figures for April which included San Mateo Country down to 3.3% gain over last year, a dramatic drop from the 20-30% gains YoY that have been typical over there. Looks to me like the drop in sales is starting to impact prices.