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The United Kingdom has had some new figures come out that show that there might be some recovery in the housing market in that country. The new figures that have come out show that the annual rate of the decline of housing prices has slowed …

Today the Senate gave its OK to give home buyers up to $15,000 tax credit (10 percent of the cost of the house up to $15,000) when they purchased a house. Previous law was only up to $7,500 and was only valid for new homes. …

Construction for new homes has hit a 17.5 year low and signals the worst housing slump since the Great Depression. According to a report released by the Commerce Department, new house construction dropped 6.2% to an adjusted annual rate of 895,000 new homes this year. …