Existing Home Sales Lowest Since May
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Business, Life Skills, Health Sciences, Biology
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5 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What factor is mentioned as a reason for the weaker than expected housing report in November?
Increased interest rates
Bad weather conditions
Decreased demand for homes
Higher construction costs
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the current trend in home price appreciation according to the report?
Decelerating but stable
Decreasing rapidly
Completely stagnant
Increasing rapidly
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How is private equity affecting the housing market?
By building new homes
By reducing mortgage availability
By increasing interest rates
By buying large quantities of homes
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is expected to drive the housing sector in 2015?
Decreased demand for luxury homes
Thawing mortgage credit and stronger labor market
Increased construction costs
Higher interest rates
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Why is the gradual deceleration in home prices considered good news?
It indicates a potential market crash
It reflects increased interest rates
It suggests the market is not overheating
It shows a lack of demand
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