Lower Unemployment Doesn't Necessarily Equal Higher Home-Buying Rates
- Saturday, 21 February 2015
- News Roundup
When the U.S. economy emerges from a recession and the unemployment rate falls to pre-downturn levels, it’s typical to expect a corresponding uptick in homeownership. The real estate market and industries ancillary to housing are certainly hoping that’s the case when the busy home-buying season arrives this spring, but it seems they may be in for a disappointment. So reports CNBC.
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