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Segmented Hypergraphics Bitmap  |  1994-01-23  |  52KB  |  136x659  |  8-bit (247 colors)
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OCR: How low homes go? Fixet mortgage "ate Intalrat ARINS 849 1/90 1,91 00S Monthly new home sales hhousancs unts 700 600 400 The two-year OrOP lin mort gage rates has failed to re vive thehousing market the charts above e show. De spite an uptick earlier this year new-home sales have skidded 40% since the 1989. For "prospec tive buvers with secure income sluggis isalesoffer adouble-barreled opportu nity: low rmortgage rate and low housing prices The av erage rew-homeprice down nearh 10% over the pasi ttwo years despite infla- tion, from $158, 600t0 $144 600 today ARMS Hthousands