US Housing Market: Pending Home Resales Rocket 6.7 Per Cent
San Diego, California, 4 June 2009. The green shots of recovery seem to be taking hold with increasing numbers of data points showing either slowing declines or bottom-of-the-cycle increases. Since the USHousing Market dragged the whole world into recession, it needs to turn around to support a recovery, however tepid that might be.
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