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| **Secondary MarketReport** | **March1998**
TABLE 8 Trend ofBuilder's Plans Compared to Previous Month by Housing PriceCategory(Percent of Field Offices Reporting)**Mar 1998                    Mar 1997                ----------------------       --------------------                ------ Trend --------        ------ Trend -------                Down    Stable    Up         Down   Stable    Up                ----------------------       --------------------Low-Priced        12%     78%     10%          3%     80%     17%Mod-Priced         2%     72%     26%          0%     75%     25%High-priced        3%     71%     26%          5%     75%     20%All                0%     81%     19%          2%     81%     17%                     Feb 1998                    Feb 1997                ----------------------       --------------------                ------ Trend --------        ------ Trend -------                Down    Stable    Up         Down   Stable    Up                ----------------------       --------------------Low-Priced         9%     75%     16%          5%     83%     12%Mod-Priced         2%     73%     25%          0%     78%     22%High-priced        4%     75%     21%          5%     75%     20%All                0%     80%     20%          1%     85%     14%                     Jan 1998                    Jan 1997                ----------------------       --------------------                ------ Trend --------        ------ Trend -------                Down    Stable    Up         Down   Stable    Up                ----------------------       --------------------Low-Priced         8%     79%     13%          7%     81%     12%Mod-Priced         3%     72%     25%          0%     81%     19%High-priced        5%     72%     23%          7%     79%     14%All                3%     79%     18%          0%     91%      9%                             PERCENTAGE POINT DIFFERENCE                 Jan 1998 - Mar 1998          Jan 1997 - Mar 1997                ----------------------       --------------------                ------ Trend --------        ------ Trend -------                Down    Stable    Up         Down   Stable    Up                ----------------------       --------------------Low-Priced         4%     -1%     -3%         -4%     -1%      5%Mod-Priced        -1%      0%      1%          0%     -6%      6%High-priced       -2%     -1%      3%         -2%     -4%      6%All               -3%      2%      1%          2%    -10%      8%    Data as of: Mar 1, 1998                        HFEP: 3-01-98  ***HSG/FHA Home Page | Reports Menu | Email Us***** |
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