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The number of existing homes listed for sale declined last month to the lowest level for September since 2005.
The U.S. housing industry scored a victory after the House and Senate voted to raise the size of mortgages backed by the Federal Housing Administration to $729,750.
Encouraging investors to buy foreclosed homes in bulk would help shrink the U.S. housing surplus, stabilize property prices and provide affordable rentals, Morgan Stanley housing analysts said in a report.
U.S. apartment vacancies dropped to a 10-year low in the fourth quarter, paving the way for rent increases that are likely to continue this year.
Supporters believe programs could lead to loosened mortgage credit; others believe little will change
Homeowners used financing models like leasing to install panels at little to no upfront cost
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