Thursday, December 31, 2009

Fragile Recovery On The Horizon For Housing

Existing single-family home sales rose nearly 20 percent over just the past couple of months. But prices in most places are not going up, thanks to a glut of foreclosures. Still, housing construction is expected to go from being a big drag to being a small positive.

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Full story at http://www.npr.org/templates/story/story.php?storyId=122084007&ft=1&f=1006

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