The National Association of Home Builders sponsors an economic npublication for the housing industry which publishes at nHousingEconomics.com. In mid-July it released a study on nMetropolitan Area House Prices and Affordability written by nElliot F. Eisenberg, Ph.D.

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One cannot deny that the study is self-serving, but the findings are nat least a little revealing of some of the reasons that housing prices, nparticularly of new houses, continue to climb in a tough market.

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