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, Iacono Research (173 clicks)
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The more you look at this, the more it seems imperative to get the much larger data set for existing home sales from the NAR. If anyone knows where that can be found, please advise.
IMAGE Regarding the chart above, I dare not make any comments (see this item from earlier today), but you probably know what I'm thinking about that squiggly red line...

Source: New Home Prices vs. Median Income Chart