Housing Market Slowing Down?

The housing numbers ie the case-schiller index pointing to a housing slow down….before summer? New Home Sales and housing starts, 2 of the biggest numbers followed are down over 10% from Feb and March of 2013. Existing home sales are down as well, usually these numbers are tied to rising mortgage rates, not the case this time, foreclosures continue to decline. Is our sluggish labor market to blame..have we peaked? Experts are expecting a down turn in the market.

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