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2014-01-24 — wallstreetexaminer.com
``But does [the rise in home prices] mean that the housing market is "recovering" as widely touted by Fed mouthpieces and its Wall Street and media handmaidens? The answer is emphatically no. Existing home sales volume has rebounded to about half the peak levels of 2005. That's so so. The reason prices are rising across the board is because the inventory crunch is persisting.''
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