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House prices stabilize (or even increase!) for existing homes, while prices have been slashed for new homes. What’s going on?

House prices stabilize (or even increase!) for existing homes, while prices have been slashed for new homes. What’s going on?  – by New Deal democrat Both the Case Shiller and FHFA housing price indexes were reported this morning through May. To quote each in turn: “The S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index, covering […]