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Real Estate

Most recent publication about US economic recovery suggest that the housing market, which plunged the economy into recession five years ago, is now a key economic driver at a time when other sectors are slowing. For example, according to Conor Dougherty, Nick Timiraos and Neil Shah (WSJ, 2012), homes is the fuel of the US economy, since housing market is buoying consumers' spirits and giving the economy a lift while other major economic pillars weaken.

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