28.03.2012 - What does a housing recovery even look like?

Everyone can agree that the housing market hasn’t fully recovered yet. But the mixed signals from the sector have made it much harder to tell how far we’ve come--and how far we still have to go. On the one hand, demand is still weak: mortgage applications are down, housing prices have continued to fall, and rising foreclosures could depress them even further...............................................Full Article: Source

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