Name that housing market

The terminology used to describe the housing market has evolved over 2005. The media used the term “housing boom” in the first part of the year to describe a market awash in records. By the summer, “boom” gave way to “bubble” as some anticipated a bust similar to the dot-com debacle of a few years earlier. Even though that bust hasn’t happened and probably never will – some media cling to “boom,” while others flog the new idea of a “housing expansion.” One can only wonder what terminology 2006 will bring. more [Matrix]