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A US housing recovery with a lot of long-term question marks

Posted on 25 January 2013

Optimism is building about a recovery in the US housing market but plenty of questions remain. ‘Forecast: Home prices will rise 6pc in 2013,’ read a recent headline in USA Today. No wonder President Barack Obama was in such combative mood when he delivered his second inaugural address on Monday.
An improving economy will make it easier to push through his political agenda over the next four years. As freezing temperatures descended on much of the US this week, it was not just the White House that was being warmed by the cheer from the housing market………………………………………..Full Article: Source


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