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Drop Down in U.S. Housing Sales, Why?

WASHINGTON (Reuters) – U.S. homebuilding fell. dealing a blow to the housing market as it struggles with a dearth of properties available for sale. The bigger-than-expected decrease in housing.

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Olsen says job loss and uncertainty can still lead to a drop in housing demand, although in a future recession it’s more likely to be short-lived. "We still expect that to be a part of the story, but much milder," she says.

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If you are trying to buy a house in Los Angeles, specifically Santa Clarita, Saugus or Valencia – wait a few years until the Los Angeles housing bubble pops and the market comes back down. Even if there were a miracle, the economy magically recovered over the next two years, our national debt disappeared into thin air, the FED didn’t raise interest could still buy a house.

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Sales of new U.S. homes unexpectedly tumbled in September, their first drop in six months, underscoring the hazards to an economic recovery that businesses appeared to be banking on. New single-family home sales fell 3.6 percent to a 402,000 unit annual pace from a downwardly revised 417,000 units in August, the Commerce Department said on.

Chicago area home sales likely to fall nearly 4 times national. U.S. counties with larger decreases in housing prices experienced larger.

Ford Motor Company (NYSE: F) and other auto makers could see their profits drop. sales of more expensive vehicles and have helped drive average transaction prices in the U.S. auto market by 13% to.

There are no definite answer for this question, actually. House pricing depends on the architects and what materials they used when building the house. But for me, I’ll prefer a regular house and lot rather that costly condominiums. You can pass t.

Stocks tumbled Thursday on Wall Street, with technology companies suffering their biggest loss in seven years, after Apple reported that iPhone sales. s why the market. moved down in December. And.

The number of October home sales nudged up 2% over September, but were down about 0.9% from a year earlier, according to the seasonally adjusted numbers in the report.

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