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Real estate prices largely unaffected by shutdown

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According to The Wall Street Journal, real estate asking prices have not been largely affected by the government shutdown. Besides asking prices, the housing market remains uncomfortably tied to Washington D.C.

Chief Economist of Trulia Jed Kolko acknowledges in his post, it’s pretty hard to figure out how the shutdown may or may not have hurt asking prices when there’s a Cat’s Cradle of other factors – including seasonal changes, rising interest rates and a (slowly) improving job market – to contend with.

Source: WSJ
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