Real estate industry in the US calls for extension of government stimulus package for first time buy

[Nicholas Wallwork]

Rising property prices and a steady growth in sales show that*the US government must extend its first time buyer tax credit*system as it is boosting the real estate market, experts say.

Both the National Association of Realtors and organisations*that track the monthly changes in the real estate market,*believe that ending the scheme in November will be a blow to*the recovering property market.

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[Nick Brian]

I hope so. is tax credit for the first time buyers passed? It'll help reincarnate the real estate industry. All the best. Nick Brian.

 

[jollivee]

The stimulus package has been a good strategy to keep the economy from falling apart.