December 17, 2007

December home builder sentiment holds at record low (Reuters)

Construction work continues on new homes in Carlsbad, California September 18, 2007. Home builder sentiment held at a record low for a third consecutive month in December, weighed down by problems in the mortgage market and a huge supply of unsold houses, an industry group said on Monday. (Mike Blake/Reuters)Reuters – Home builder sentiment held at a
record low for a third consecutive month in December, weighed
down by problems in the mortgage market and a huge supply of
unsold houses, an industry group said on Monday.

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