Articles tagged with: higher interest rate
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Comparing housing market numbers has been a bit of a chore over the past few months as results from 2008 through the first part of 2010 have been skewed.
Let me explain. From April 2008 through April 2010, tax credits were available for home buyers. Economists have, in general, agreed that the tax credits increased demand for homes. During that two-year period, then, sales were well above what they would have been had the tax credits not been in place.
Additionally, the demand present during those two years was – in a …