Source: The Wall Street Journal
Research from a professor at the University of Michigan found that local housing-related newspaper
articles could be used to create indexes that accurately measured sentiment in 20 local housing markets.
Cindy Soo, assistant professor of finance, argues sentiment indexes can be used to track current housing trends not just nationally but also across regional markets.
Read the full story
http://blogs.wsj.com/economics/2013/09/24/want-to-know-where-home-prices-are-headed-read-thepapers/
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