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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: Bilow who wrote (9490)	11/10/1997 10:12:00 PM
From: Haim R. Branisteanu	Read Replies (4) \| Respond to of 94695

Inflation is not dead in items not internationaly exposed!! Home prices growing at double the inflation rate Copyright c 1997 Nando.net Copyright c 1997 The Associated Press WASHINGTON (November 10, 1997 8:59 p.m. EST nando.net) -- Home prices across the nation are rising much faster than inflation, even in many parts of the long-suffering Northeast. Nationally, the median price of existing homes increased by $6,000 to $126,500 in the July-September quarter, meaning half sold for more and half for less, the National Association of Realtors said Monday. The 5 percent gain from the same quarter a year ago is more than double the overall 2.2 percent rise in consumer prices during the period. Of 136 areas surveyed by the Realtors, only 13 reported declines www2.nando.net Betwen domestic inflation of services, real estate and financial assets and general deflation presures in finished goods and overseas the Fed is in a very difficult situation. The issue of raising rates by 0.25 basis points starts to more and more compeling. Happy trading Haim