Friday, May 15, 2009

US Housing Inventory Declines in April


VOAVideo: US Housing Inventory Declines in April
New housing numbers suggest the U.S. housing crisis has already reached bottom and may be on the verge of recovery. The latest data from online broker ZipRealty shows housing inventory, or the number of homes for sale, declined last month in most U.S. markets, and helped stabilize prices. Financial experts say this is encouraging news and another sign that economic recovery may not be far away.

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