30.11.2012 - Will shadow inventory derail housing recovery?
Home sales and home prices are up, even as the stock of available housing shrinks, a trend that could get derailed if looming foreclosures and other new homes suddenly hit the market. Existing home sales increased in October 2.1 percent to a seasonally adjusted annual rate of 4.79 million units, according to a report from economic forecasting and analysis company IHS Global Insight...............................................Full Article: Source
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