The New York Times real estate columnist Neil Irwin argues that there shouldn’t be “glumness in the latest news on housing prices.”
He further contends that slower home price rises, and even an outright decline in some markets, are a sign that the housing market is moving away from the “boom-and-bust cycle of the last dozen years toward a market where sensible prices driven by local economic conditions prevail.”
Learn more about what Irwin has to say about prices at nytimes.com.
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