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Slowing Housing Market Is a Big Unknown
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| Federal Reserve Chairman Alan Greenspan sees signs of "froth" in some local housing markets, but says overall the nation doesn't appear to be in a housing bubble that could potentially burst. |
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Jun 28, 2005 20:06:17 |
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0 | | Author | AP |
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| Similar news: | - Housing market may be slowing - LONDON (Reuters) - House prices continued to rise strongly in July, but more slowly than in several recent months, according to a survey that suggests Bank of England rate rises may be calming the buoyant property market.
- Slowing Housing Market May Stir Inflation - As U.S. home purchases slow, anexpected rise in demand for rentals will result in a spike ininflation, analysts say, citing studies showing housing costshave been under-reported by the government.
- Interest Rate Rises Slow Housing Market - The housing market continued to show signs of slowing down during July, with prices falling slightly during the month, figures showed today.
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