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Trulia: Home Price Recovery Not Shaping into Another Bubble

While home prices are rising today nearly as fast as they did during the peak bubble years of 2005 and 2006, Trulia reassures “bubble-phobes” that they can rest easy in its latest report. The company tossed its two cents into the bubble debate with the release of Trulia Bubble Watch, a report that compares various price indexes (including Trulia’s own Price Monitor) to per-capita income and rent data obtained from government releases. Read more…

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