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Confusion over housing reins nationwide

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New York City remains — surprise — one of the least affordable American cities to buy housing in. This lack of affordability comes at a time of confusion among many over where the housing market nationwide is headed. more [BusinessWeek]
Meanwhile, real estate brokers across the nation are lowering their commissions to lure clients. The average commission nationwide is reportedly 5.1 percent — several notches below the normally sacrosanct 6 percent. more [BusinessWeek]

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