03.06.2011 - Why housing prices matter in spurring the U.S. economy
Housing prices were down 4.2% in the first quarter of 2011 and have recently fallen back to levels that have not been seen since 2002. The most drastic falls have taken place in the 20 largest United States metropolitan areas. This drop has a number of market experts concerned about the overall economy. Why? Because housing prices are a strong barometer for the health of the economy..............................................Full Article: Source
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