Thursday, August 03, 2006

Harvard Study: Slowdown is Merely a Breather

"Cooling home sales nationwide won't last long because continuing strong household growth will fuel more housing demand" Harvard University's Joint Center for Housing Studies says. "Don't expect prices to plunge as a result of the current slowdown, either. Markets are seeing neither big employment drops nor overbuilding in housing supply - two conditions that precipitated price falls in the past." More on this at

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