Opalesque Real Estate Briefing | No US home building rebound until ...

U.S. home building likely won?t return to normal levels until 2014, and then only if housing prices rebound and foreclosures drop sharply, research from the San Francisco Federal Reserve Bank showed. Continued weakness in the housing market is dragging on the U.S. economy, which is losing ground under the weight of 9.2 percent unemployment and declining consumer confidence???????????????.Full Article: Source

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Source: http://www.opalesque.com/Realestate_Briefing/?p=36804

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