TITLE

Housing Cools Down

AUTHOR(S)
Hogsett, Don
PUB. DATE
December 2005
SOURCE
Home Textiles Today;12/19/2005, Vol. 27 Issue 14, p15
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
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.
ACCESSION #
19200938

 

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