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Housing Recovery May Be Running Out of Steam

The housing recovery in the United States could run out of steam in 2014. Banks are likely to tighten lending standards once new rules come into place. Rising interest rates may drive down home loan volume, too. Cash purchases by investors could set a floor for house prices, but they may not be enough to prevent a major slowdown.

via Housing Recovery May Be Running Out of Steam – NYTimes.com.

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