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We are crunching some numbers trying to figure out what is going on with the house prices. In the meantime, here are some links which suggest that perhaps the sharp rebound in house prices is cooling.
Zillow forecasting Case-Shiller February report sees slowdown.
From the housing master himself at calculatedriskblog.
Erin Carlyle at Forbes explains the weirdness of seasonal adjustment, which is something we are looking into as well.