Home prices in the US fall on soft demand - News - Dukascopy Bank

Wed, 01 Feb 2012 12:40:05 GMT
Source: BBC
 
© Scanpix/Reuters
House price in the US fell much more that initially projected in November. US prices for single-family houses declined by 0.7%, confounding the forecast of 0.5% increase. House price leveled off at the level of 2003 on the oversupply and weak demand. Consumer confidence also decreased in January, following gains over two preceding months.



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