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Saturday, June 16, 2012

Rental revival could spur sluggish housing market

By Bill Briggs Complain, if you must, about that loftier monthly apartment payment, but those rising rents may help rekindle the chilly U.S. housing market, according to a new report.Falling home prices and record-low mortgage rates have failed to do much to entice a fresh flock of buyers, keeping the housing market largely dormant.

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