Unsold Homes in U.S. May Reach 6.5 Million, CreditSights Says
Story date: 2007-09-28 01:06:00
Added on: 2007-09-28 17:00:22
Bloomberg - In contrast to previous housing downturns, the current slump is driven by excessive inventories,'' Lee and Rowin said. ``The traditional drivers of housing demand -- mortgage rates and employment -- have shown signs of recent weakness which will only ...
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