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Strategies & Market Trends : The Millennium Crash -- Ignore unavailable to you. Want to Upgrade?

To: yard_man who wrote (4163)	5/13/1999 7:47:00 AM
From: Haim R. Branisteanu	Read Replies (1) \| Respond to of 5676

Is inflation dead ?? Used-home prices mostly rising Copyright © 1999 Nando Media Copyright © 1999 Associated Press By ALICE ANN LOVE WASHINGTON (May 12, 1999 11:27 a.m. EDT nandotimes.com) - Prices of existing homes climbed in most metropolitan areas during the first three months of this year. Nationally, the median resale price - meaning half of homes sold for more and half for less - was $131,600 during the January-March quarter, up 4.6 percent from the same quarter a year earlier, the National Association of Realtors said Wednesday. By comparison, inflation rose at a 1.7 percent annual rate during 1998 and has kept to an even lower 1.5 percent rate so far this year.