Housing Cools Down

Hogsett, Don
December 2005
Home Textiles Today;12/19/2005, Vol. 27 Issue 14, p15
Trade Publication
The article analyzes the expected slowdown of the American housing market in 2006. Economists from the University of California in Los Angeles have predicted a downturn in the housing market due to decreasing population growth and increasing mortgage rates. Home sales and mortgage applications have decreased in 2005. The housing slowdown will cause job losses in the construction and finance industries.


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