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FeedsFarm.com > Countrywide says housing slump has a year to go (Reuters)

Countrywide says housing slump has a year to go (Reuters)

14th Nov 2006, 18:12 GMT

Reuters - The slowdown of the U.S. housing market will last through 2007 as inventories are pared enough to prompt a change in consumer psychology, the chief executive officer of the nation's biggest mortgage lender said on Tuesday.

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