|
A Few Miles Down the Road of Recovery
JOHANNESBURG, SOUTH AFRICA--(Marketwire - June 10, 2010) - www.rothmanresearch.com -- The housing sector, the epicenter of the one of the darkest financial turmoil the U.S. economy is still recovering from, is believed by many industry experts to have past its bottom and is currently beginning to show signs of improvements. The latest home sales data for April continues to assert encouraging trends making the recent reported rise in pending home sales the third successive month of increase. Whilst the reasons behind those surges were mainly attributed to the homebuyer tax credits which expired at the end of April, and doubts that home sales might go into remission until unemployment levels are contained to more acceptable levels, homebuilders have been reporting what could be sales recovery after the expiration of the federal tax incentives in regions like California, Phoenix and Texas.
View More : http://www.marketwire.com/mw/release.do?id=1274140&sourceType=3
|
|
|