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Macronomics: Housing Prices Grow at Lowest Rate Since 2008, From the Residex

This is a post for Capital Mind Premium subscribers.

In our last post on the National Housing Bank’s Residex Index, we talked about City level data on housing prices and how it looked like prices were tapering off, but not yet falling.

The slowdown of a long running bubble is now visible, with prices showing signs of reaching a top. The inevitable wiggles remain . . .

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