23.03.2012 - US housing market to hit bottom soon: Savills CEO
The housing market in the United States is set to hit a low if monetary policy in the country is tightened, according to the CEO of Savills, John Lyons. Lyons said that three factors could drive interest rates up: increased employment, higher energy costs, and the government's effort to lift real estate. I think that the opportunity for interest rates to rise is more of a probability than a possibility, Lyons explained...............................................Full Article: Source
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