April 2014 U.S. Economic Fundamentals

Ally

Research Assistant
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Why the housing market is still stalling the economy





If the economy still feels stuck, blame the housing market.





That may not match how people in a handful of big, prosperous cities see things. After a disastrous and historic crash, housing is booming in places like San Francisco and New York. Bidding wars are back, and the question is not whether the real estate market is recovering but whether new bubbles are inflating.





Read the full article here.
 
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