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“In general, the higher end of the market is holding up much better than the lower end.”
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“We expect that 2005 was the high-water mark. Interest rate levels are the key factor.”
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“The small increase in mortgage rates in November may have prompted many prospective homebuyers to jump into market in order to take advantage of pre-approved mortgage rates.”
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“The strength of the housing market this year continues to surprise, despite rising home prices and slightly higher interest rates.”
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“It's not a substantial increase.”
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