Housing Market Seen Getting Worse
Jul 3rd, 2008 | By RT Staff | Category: Housing NewsAn even gloomier scenario may be in store for an already ailing U.S. housing market if the overall economy slips into a recession, according to UBS Securities analysts.
Falling home prices, soaring foreclosures at a time of tighter lending and rising unemployment are all weighing heavily on an already troubled housing sector, the analysts said during [...]