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Probably not the best usage of title wording when hyping the housing market
New-home sales soar to highest level since 2007
A strong job market, low mortgage rates and mild weather are a winning combination for the housing market
Sales of newly-constructed homes in the U.S. soared 7.9% on a monthly basis in January to a seasonally-adjusted annual rate of 764,000, the government reported Wednesday.
That figure represents the highest pace of new home sales since July 2007, making for a new cycle high for the housing market. - Marketwatch
A strong job market, low mortgage rates and mild weather are a winning combination for the housing market
Sales of newly-constructed homes in the U.S. soared 7.9% on a monthly basis in January to a seasonally-adjusted annual rate of 764,000, the government reported Wednesday.
That figure represents the highest pace of new home sales since July 2007, making for a new cycle high for the housing market. - Marketwatch
The United States housing bubble was a real estate bubble affecting over half of the U.S. states. Housing prices peaked in early 2006, started to decline in 2006 and 2007, and reached new lows in 2012. Increased foreclosure rates in 2006–2007 among U.S. homeowners led to a crisis in August 2008 - Wikipedia
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