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Sales of New and Existing Homes Will Continue Their Slide in 2007
Existing-home sales will fall 8.1% this year while new-home sales will drop 7.1%, Fannie Mae says. The declines are largely due to investors pulling out of the housing market, the mortgage-finance company says.
Read more at: http://feeds.realestatejournal.com/~r/wsj/realestate_journal/~3/81012212/20070119-schroeder2.html.
 
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