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Thursday, November 29 | ||||
Unaffordable Housing
(New Home Sales, Seasonally Adjusted Annual Rate, Thousands)
You can see that the real estate market remains remarkably strong these days. In the Princeton area you still can't find a decent stand-alone home for less than $400,000 and even two storey condos (also known as "townhouses") go for around $250,000. There's one bubble that hasn't burst yet. Holiday Challenge Update: 60,370 meters rowed, 139,630 meters left to go. |
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