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Oct

The Housing Market

Posted by ecofiblog  Published in EcoFi Contributor Article, Economy, Macro Perspective

The Housing Market

Check out the following commentary by Economics Finance blog contributor Tyler Stoffers
Article Link:
http://www.bloomberg.com/news/2010-10-25/u-s-existing-home-sales-exceed-estimates-rise-10-to-4-53-million-rate.html

All-time low mortgage rates have slightly helped to stabilize the current housing market which is facing huge numbers in foreclosures and unemployment. In September, purchases have increased 10 % to a 4.53 million annual rate. This can be partly contributed [...]

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Tags: expenditure, GDP, housing market, macro, trends

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