I was just watching this video earlier today and he mentioned how the US MBA Purchase index shows a different view. From the down trend they have recently, the home makers are cracking up the prices and less people are willing to buy at the current prices.
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That could be true. I havent looked at the prices of things so I am not sure where there is a hit. But it wouldnt surprise me if some markets are seeing issues with affordability. We know the major cities got hit in pricing for other reasons.
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