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News

April report shows 811 homes for sale in Cowlitz County (The Daily News)
The number of Cowlitz County homes for sale in April reached its highest level in recent memory, but home sales have started rebounding after a slow start this year, according to a Northwest Multiple Listing Service report released Monday.

Housing minister Caroline Flint’s blunder reveals 10% slump but it’s not official – yet (Times Online)
House prices will fall by up to 10 per cent “at best” in the next year, according to a private government assessment laid bare by a minister’s blunder. Caroline Flint, the Housing Minister, told the Cabinet to prepare for a worsening market yesterday. “We can't know how bad it will get,” she said.

U.S. luxury-home builder reports sharp fall in sales (International Herald Tribune)
Toll Brothers said preliminary home building sales in second quarter fell by 30 percent from a year earlier to $817.9 million.

Home builders back off opposition to trust land reform (The Arizona Republic)
Arizona home builders, who have repeatedly given the death blow to conservation efforts, have agreed to let a state trust land reform initiative move forward without a fight.

Governor's deal with builders irks senators (The Arizona Republic)
Some Republican state lawmakers on Monday blasted a ''backroom deal'' between Gov. Janet Napolitano and a Valley home-builders group that would exempt residential developers from sharing a portion of the costs of a major transportation initiative in exchange for a $100,000 contribution to boost the signature-gathering campaign.

Orleans lays out plan for adult community (News Transcript)
MARLBORO - A proposed 168-home age-restricted adult community has been unveiled for the Planning Board and members of the public. Attorney Kenneth Pape, representing Orleans Home Builders, began presenting an application for Wildflower at Marlboro during the board's meeting May 7.

Housing Prices Tumble in Two-Thirds of U.S. Cities (Update3) (Bloomberg.com)
May 13 (Bloomberg) -- The median price for a single-family home in the U.S. dropped 7.7 percent in the first quarter, the biggest decline in at least 29 years, as values tumbled in two- thirds of U.S. cities, the National Association of Realtors said.

Flint's housing fears exposed in gaffe (Guardian Unlimited)
Housing minister admits she does not know if house prices will fall further than 5-10% in real terms

Housing inventory rises again in April (CNN Money)
The number of homes for sale was on the rise again in April, according to figures from Zip Realty, a California-based real estate broker.

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