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US undergoing housing market recovery

Posted on 23 November 2012

The US is undergoing a housing market recovery, after nearly four years of falling prices. Reporting on Federal Housing Finance Agency figures, the Global Property Guide revealed that house prices are once again rising, with the index increasing 4.75 per cent during the year to August.
This is the largest annual growth recorded since September 2006, showing that real estate in the US is once again a stable property investment. Demand is also returning to the market, with residential sales increasing and construction activity gaining momentum………………………………………..Full Article: Source


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