An ugly week for housing stocks includes news that Fannie Mae and Freddie Mac would delist from the New York Stock Exchange as well as a selloff in shares of residential builders.
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Housing stocks roughed up in week
Nine cites posted month-to-month gains while 11 saw declines on the month.
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Housing Prices Mixed in March
Fannie Mae’s economic and mortgage market analysis group said Monday that the housing market is stabilizing but excess inventory continues to hinder a recovery.
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Fannie Mae: Housing recovery requires lower supply