Markets & Economy

Real estate’s spring buying season fails to launch

Existing-home sales 'dismal' due to declining affordability
Published on Apr 23, 2014 | Updated on Jun 4, 2014

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by CareyBot

Mortgage giants Fannie Mae and Freddie Mac have lowered their forecasts for home sales this year, citing low inventory and the affordability crunch that shortage of homes has spurred. After relatively weak home sales in the first two months of ...

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