Friday, January 27, 2012

Conflicting signs in the US housing market

Has the housing market stabilised in the United States? The question is hard to answer. Housing prices in the US for instance have maintained a downward slope since 2007. However, there are also signs of recovery where one could see that the delinquency rate for residential mortgages is no longer rising. These mixed signals suggest that one needs to maintain a close watch on the American Housing markets because market signals continue to contradict each other.


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