During the real estate boom of the mid- 2000s, the prices of new and existing homes rose year after year yet people purchased more homes year after year. Can this outcome be explained as an exception to the law of demand?

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The Answer of During the real estate boom of the mid- 2000s, the prices of new and existing homes rose year after year yet people purchased more homes year after year. Can this outcome be explained as an exception to the law of demand?

During the Real Estate Boom of the Mid- 2000s, the Prices