Study links credit availability with regional home prices

Study links credit availability with regional home prices

Two professors at The University of Texas at Arlington have found that U.S. housing prices have grown more persistently since the mid-1990s, especially in the Midwest and South. They link this steady incline primarily to the increase in available purchasing power, which makes it easier for people to buy homes and causes demand to rise. Two professors at The University of Texas at Arlington have found that U.S. housing prices have grown more persistently since the mid-1990s, especially in the Midwest and South. They link this steady incline primarily to the increase in available purchasing power, which makes it easier for people to buy homes and causes demand to rise. Economics & Business Phys.org – latest science and technology news stories

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