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Essay

Slowdown In Us Housing Market And Its Impact

Essay specific features

 

Issue:

Business

 

Written by:

David G

 

Date added:

July 14, 2015

 

Level:

University

 

Grade:

A

 

No of pages / words:

2 / 425

 

Was viewed:

3824 times

 

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Essay content:

economy and the housing market. Market report During the period between late summer of 2005 and summer of 2006, the flourishing U.S. housing market blocked suddenly and eventually the markets started facing effects like falling prices and reduction of sales volumes. The growing interest rates and home prices directly influence the housing market in U...
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The existing home inventories were 39% higher than they were one year ago and the sales were down by more than 10 percent. It was also predicted that the national median price of housing will probably fall by about 30% in the coming years. The chief economist of NAR( National Association of Realtors), David Lereah predicts that the home prices would reduce by 5% nationally...
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General issues of this essay:
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