Сергій Кабуд ( Кий ) (xyu) wrote,
Сергій Кабуд ( Кий )
xyu

The U.S. housing decline may last as long as four years until 2009, Moody's Investors Service said in a report yesterday. That would match the length of the downturn that ended in 1991. Home sales will take a ``substantial hit'' in the next several months, Moody's said.
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