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Drop in house prices drives double-dip debate

MBA: mortgage applications down 18.6% last week The refinance share of total mortgage activity fell to 55.3 percent of applications from 55.5 percent the week before. Fixed 30-year mortgage rates averaged 4.08 percent in the week, down 3 basis.

There are signs that the feared "double-dip" in house prices may have taken hold of US housing prices in as many as one in five major housing markets, according to data compiled by Zillow, a.

The United States housing bubble was a real estate bubble affecting over half of the U.S. states. housing prices peaked in early 2006, started to decline in 2006 and 2007, Greenspan warned of "large double digit declines" in home values " larger than most.. Are home prices soaring unsustainably and due for plunge?

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House prices in the UK – and London in particular – are back to record levels. Earlier in the year, this led to a buying frenzy. As a potential househunter, I’ve been keeping a close eye on.

Anything more than that is unsustainable. In my area the median household (keyword: household, not individual) income is $48,000 yet the median house price is $340,000. House prices either need to fall way more or wages for the lower and middle class needs to rise.

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Revenue made overseas by multinational companies can be bolstered by pound weakness and, in turn, help drive up shares of those. Lawmakers in the House of Commons were expected to debate the issue.

But the 0.9 percent sales decline for the month doesn't mean the market. Year to date, the board said home sales in the Austin-Round Rock region. Police: Driver found dead on I-35 frontage road may have crashed hours before.. to be an issue, said: “Any discussion of slowing of the market is not true.

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Sweden experienced a relatively mild and short-lived house price decline during the global financial crisis (gfc), after which dwelling price increases started accelerating (Figure 1). In October 2015, house price gains reached 18 percent y/y led by apartment price rises in Stockholm and Gothenburg – the two largest cities – of over 20 percent.

The comparison is grim, revealing that the drop in employment. per cent is not a double-dip recession, but it’s damn close. Once you are at 1½, everything looks worse: unemployment goes up, the.