| Harvard's Joint Center for Housing Studies |
| annual State of the Nation report says that |
| despite climbing interest rates and rising |
| inflation, it's unlikely that the Real Estate |
| market will see a sharp decline. |
| Price appreciation will continue to bring |
| buyers to the market. Home prices are |
| expected to continue rising, as long as the |
| economy creates jobs and homebuilders |
| cut back assembly to account for the |
| slow in demand. |
| Although consumers are allotting more of their |
| budgets to housing expenses and building |
| more home equity, earnings are not keeping |
| up with the rising home costs. Over the |
| past few years, consumers have found |
| their savings growing in a home much |
| faster than in a CD or savings account. |
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