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JUST IN: US home prices rise by 0.9% in July according to Case-Shiller data, marking a fresh ALL TIME HIGH.
Despite mortgage rates soaring to 7.5%+, their highest since 2000, home prices are up 5 STRAIGHT months.
Year-to-date, home prices are up 5.3% which is more than the…
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JUST IN: US home prices rise by 0.9% in July according to Case-Shiller data, marking a fresh ALL TIME HIGH.
Despite mortgage rates soaring to 7.5%+, their highest since 2000, home prices are up 5 STRAIGHT months.
Year-to-date, home prices are up 5.3% which is more than the median FULL year average.
This means that home prices are outperforming the S&P 493, which is the S&P 500 minus 7 tech stocks, on a YTD basis.
All as 8%+ mortgages are on the way and existing home sales hit 2010 lows.
How can this end well?
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When you say some place is safe, it is not just the crime rate. You can safely walk in China in the middle of the night but accidents like this is not part of the so called low crime rate. Civic mindedness should be also included in whether a place is safe or not if you you get
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When you say some place is safe, it is not just the crime rate. You can safely walk in China in the middle of the night but accidents like this is not part of the so called low crime rate. Civic mindedness should be also included in whether a place is safe or not if you you get
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twitter.com)
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