Armed with an overall measure of housing market performance relative to long-term trend; an accompanying metric explaining whether that market is overheated or not; and importantly a way to attribute deviations in home prices precisely to selected market variables, market participants would be in a better position to take precautionary actions to limit their exposure in highly volatile markets. http://www.housingwire.com/articles/36926-a-holistic-approach-to-gauging-housing-market-performance ❤️ #share #mortgage
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