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Will shadow inventory derail housing recovery?

Posted on 30 November 2012

Home sales and home prices are up, even as the stock of available housing shrinks, a trend that could get derailed if looming foreclosures and other new homes suddenly hit the market.
Existing home sales increased in October 2.1 percent to a seasonally adjusted annual rate of 4.79 million units, according to a report from economic forecasting and analysis company IHS Global Insight………………………………………..Full Article: Source


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