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Falling home prices fail to spur buying

Posted on 27 October 2011

Falling home prices aren’t enticing Americans to buy up new property. The government’s latest read on new-home sales in September came in a little better than expectations, but offered no reason to get excited about a rebound in the housing sector.
The report reflected a troubling trend that Americans are reluctant to invest in new homes amid a weak economic backdrop………………………………………..Full Article: Source


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