30.08.2011 - U.S. housing market stuck in slump

The past month wasn't exactly a confidence-booster for would-be home buyers and sellers in the United States. They've witnessed a turbulent stock market, a downgrade of U.S. credit, a spreading European debt crisis and a U.S. economy that seems to be running in place. And now many say they're even more hesitant -- a retreat that could further delay a rebound in housing. It could hold back the overall economy, too..............................................Full Article: Source

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