No slowdown in housing market seen, report says

WASHINGTON -- June 13, 2005 -- People in Washington may be talking about whether there is a housing bubble ready to burst, but Harvard University economists see little reason for homeowner gloom: U.S. home prices have been climbing for 13 years, with the rise in 2004 the largest annual jump since 1979, according to a new report from the university's Joint Center for Housing Studies.

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