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November 30, 2009 | | Comments 0 | Filed Under: DailyGovernmentNewsWall StreetWorld

U.S. Housing Recovery Delayed to 2010 as Market Wanes

A recovery in U.S. housing will have to wait at least until next year. The outlook for the home market dimmed this week as residential construction and mortgage applications fell and loan delinquencies reached a record.

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