U.S. housing market slowing gradually, Fed's Bies says. Activity in U.S. housing markets is cooling gradually, Federal Reserve Gov. Susan Bies said Wednesday. A slowdown in construction and home price appreciation could hold back economic growth, she said. Most homeowners are managing their debts well. Click here to read more.
Prices take spring slide. Other indicators point to housing market that has weakened somewhat after boom. San Diego County housing prices took their biggest-ever spring stumble last month as the median sales price fell to $490,000, down $15,000 from the previous month. Click here to read more.
~Tina Jan~
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