ECO 365 Week 1 DQ 6

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ECO-365-Week-1-DQ-6a.) According to the Federal
Housing Finance Agency house price index, U.S.
housing prices declined throughout 2008 and2009.
What are two demand determinants and two supply
determinants that might explain the broad decline
in house pricesthat occurred in those years?b.)
Is the market currently in equilibrium?
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