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No end in sight to US housing slump

Story date: 2007-10-24 04:45:00
Added on: 2007-10-24 19:00:46


Guardian Unlimited - Sales of existing home sales in the US plummeted last month to their lowest annual rate since records began, data showed today, as the ongoing crisis in the subprime mortgage ... had hoped that the Federal Reserve's 50 basis point cut in interest rates ...


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