For the fifth consecutive month, the S&P Dow Jones Indices reported declining home prices in the U.S., as potential buyers took a bigger step back from the market.
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Does May’s HPI Point to Another Bubble?
The question as to whether or not the housing market is approaching another bubble has been a topic of discussion amongst the industry, especially as home prices continue to rise while inventory shrinks. Tuesdays Case-Shiller Home Price Index could be another piece of that puzzle. . .
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