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| **Secondary MarketReport** | **February1998**
TABLE 8 Trend ofBuilder's Plans Compared to Previous Month by Housing PriceCategory(Percent of Field Offices Reporting)**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%                     Dec 1997                    Dec 1996                ----------------------       --------------------                ------ Trend --------        ------ Trend -------                Down    Stable    Up         Down   Stable    Up                ----------------------       --------------------Low-Priced         8%     78%     14%          5%     85%     10%Mod-Priced         3%     72%     25%          0%     78%     22%High-priced        7%     72%     21%          5%     76%     19%All                3%     77%     20%          2%     86%     12%                             PERCENTAGE POINT DIFFERENCE                 Dec 1997 - Feb 1998          Dec 1996 - Feb 1997                ----------------------       --------------------                ------ Trend --------        ------ Trend -------                Down    Stable    Up         Down   Stable    Up                ----------------------       --------------------Low-Priced         1%     -3%      2%          0%     -2%      2%Mod-Priced        -1%      1%      0%          0%      0%      0%High-priced       -3%      3%      0%          0%     -1%      1%All               -3%      3%      0%         -1%     -1%      2%    Data as of: Feb 1, 1998                        HFEP: 2-01-98  ***HSG/FHA Home Page | Reports Menu | Email Us***** |
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