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Homebuilders Starting to Feel the Crunch We’ve Been Predicting for Months

As financial analyst John Whitefoot notes, if the state of the U.S. housing market is a key indicator on the health of the U.S. economy, things aren't looking great. Against a backdrop of an obviously weak U.S. economy, U.S. housing prices have been rising steadily higher, beyond the reach of affordability for the average American.

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