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Unformatted text preview: consumption. In correlation the housing market (despite economist declaring the end of the recession earlier this year) is still suffering from low demand as well as price deflation. Both government officials and economist agree that an increase in demand specifically in the housing market is needed to spur a speedy economic recovery. However a bright economic future remains imminent, as home sales have risen 7.6% on the past month showing signs of recovery....
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- Spring '06