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Housing picture not all gloomy

Median price 48.4% higher than in January 2000

Roger Showley, SAN DIEGO UNION-TRIBUNE

Sunday, January 3, 2010

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“At some point in the next two or three years, we’re going to be stuck once again with a lot more demand for available housing than we’re able to build,” said Kelly Cunningham, an economist at National University’s Center for Policy Research.