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U.S: Home vacancy rate falls to pre-housing bubble levels

Posted on 31 October 2012

The home vacancy rate, which measures empty properties and those for sale, fell to the lowest level in seven years in the third quarter as demand for housing picked up and economic pressures eased.
The rate declined to 1.9 percent in the quarter from 2.1 percent in the previous three months, a level not seen since the third quarter of 2005, the Commerce Department said on Tuesday………………………………………..Full Article: Source


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