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U.S. housing market stuck in slump

Posted on 30 August 2011

The past month wasn’t exactly a confidence-booster for would-be home buyers and sellers in the United States. They’ve witnessed a turbulent stock market, a downgrade of U.S. credit, a spreading European debt crisis and a U.S. economy that seems to be running in place.
And now many say they’re even more hesitant — a retreat that could further delay a rebound in housing. It could hold back the overall economy, too……………………………………….Full Article: Source


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