Global housing market shows some signs of recovery; One in every 136 US households with a loan got a foreclosure notice in Q3
Oct 28th, 2009 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
As the global housing market shows some signs of recovery, markets are re-emerging at different speeds, depending on the strength of individual real estate fundamentals. Moreover, industries that rely on the housing market have adjusted to lower demand and will likely stay cautious until they see clear signs of a rebound, says Standard & Poor's Ratings Services in a special report on the global housing market. A separate report shows that one in every 136 households with a loan got a foreclosure notice in Q3, the third quarter.