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Housing Market: US: Difference between revisions
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Also important to point out that is volumes that matter for real GDP accounting, not prices. Prices can matter indirectly through a wealth effect, but be a little skeptical about this. And that the sluggishness of price adjustments is what makes the volume cycle so extreme, and what makes housing so important in recessions. | Also important to point out that is volumes that matter for real GDP accounting, not prices. Prices can matter indirectly through a wealth effect, but be a little skeptical about this. And that the sluggishness of price adjustments is what makes the volume cycle so extreme, and what makes housing so important in recessions. | ||
== | == Sales == | ||
[[Home Sales]] | Ariticle: [[Home Sales]] | ||
== House Price Developments == | == House Price Developments == | ||