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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Elroy Jetson who wrote (6398)10/29/2002 1:18:13 PM
From: SoftechieRead Replies (1) of 306849
 
11:28 (Dow Jones) Deeper in the confidence data are some disturbing trends
suggesting some of the main pillars of economic growth right now - housing and
auto sales - are set to decline. Respondents expecting to buy a new car over
next six months declined to 6.8%, its lowest level since 1997, and those
expecting to buy a new home dropped to 3.1%, lowest since Sept. 2000. (SV)
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