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August were up a miniscule 0.1%. Year
2009 Both the 2010 increase and the leveling off in 2011
were influenced by federal homebuyer tax credits,
which boosted activity in the first half of 2010.
That the industry was able to match this tax creditassisted activity of 2010 during the first two-thirds
of 2011 is evidence of fundamental stability. The
market for new single-family housing seems to
have bottomed out, but has yet to show evidence
of improvement from these low levels.
Consumer confidence in the region remains near
historic lows, undoubtedly influenced by reports
of continued year-over-year home value declines
reported by the Federal Housing Finance Agency
(FHFA) and by S&P/Case-Shiller. These continued 2010a
3,200.0 Total Building Nonbuilding...
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This note was uploaded on 02/11/2013 for the course MGMT 231 taught by Professor Yu during the Spring '13 term at Bauder.
- Spring '13
- The Lottery