US housing woes 'acute'
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The US housing and mortgage downturn is now so acute that a fall in home prices is likely, a key lender warns.
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The pace of existing home sales in  the United States fell a sharper-than-expected 4.1 percent in  July to their lowest level since January 2004 as the downturn  in the U.S. housing sector accelerated, the National  Association of Realtors said on Wednesday.
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Business & money: Credit crunch and housing woes blamed for gloom as businesses begin lobbying for interest rate cut
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U.S. housing starts unexpectedly  plummeted 13.1 percent last month, the biggest dive in nearly  11 years, as groundbreaking activity fell sharply across the  nation, a government report showed on Thursday.
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Finance leaders from the worldâs wealthiest nations warned Saturday that global economic woes could get worse from the slump in the American housing market.
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Housing starts nationwide sank to a 14-year low last month as concern grew about the effects the faltering industry could have on the U.S. economy.
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U.S. housing industry economists on Monday cautioned that rapid house price gains in some areas of the country may not be sustainable.
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Reporters' poor understanding of housing economics worsens a bad situation.
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November sales of new US homes fall much more than analysts expected, raising concerns about the economy.
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A Bank of England rate-setter warns that a downward spiral of falling house prices threatens the economy.
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In a troubled housing market, is staying on the sidelines wise?
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Retail sales and industrial output slow in the US, as the economy feels the strain from housing and credit pressures.
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WASHINGTON -- Strained by an ailing housing market and credit woes, the economy in 2007 is expected to log its worst growth in five years and should be somewhat sluggish next year.
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Financial market turbulence has noticeably hurt housing activity across the U.S. in recent weeks but other sectors of the economy have so far been spared, the Fed said.
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US emergency cut in response to weakening economic outlook and recession fears
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Business & money: Â· US economy cools with housing market problemsÂ· Bank rates expected to go in opposite directions
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Sales of new homes plunged last month to their lowest level in more than 12 years, a grim testament to the problems plaguing the housing sector.