29.04.2011 - US housing still in trouble
The US economy is making a gradual recovery, says Alan Abelson in Barron's. But there's still "one huge... hole" in it: the housing market. The widely-watched Case-Shiller index tracking prices in 20 major cities bounced in 2009 after plummeting from the 2006 peak. But the rebound, triggered by a government tax break, fizzled after the programme ended, and the index has trended down over the past few months..............................................Full Article: Source
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