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US housing set to ride out economic storm

The highly sensitive market is expected to outpace consumer price rises both this year and in 2021

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Apart from weak activity, the main threat to the US housing market is unemployment, which jumped from record lows to record highs within a couple of months.

Bengaluru, India

US HOME prices will defy the current economic downturn and ride out the storm, supported by record low mortgage rates and limited supply, said a Reuters poll that showed housing outpacing consumer price rises both this year and in 2021.

The US housing market, which...

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