Name that housing market

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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]