Shenfeld, Loebs Interview About U.S. Housing Market

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June 23 (Bloomberg) -- Avery Shenfeld, chief economist at CIBC World Markets, and Terry Loebs, a managing director at Macromarkets LLC, talk with Bloomberg's Mark Crumpton and Julie Hyman about the outlook for the U.S. housing market. Purchases of new homes fell in May to the lowest level on record after a tax credit expired, figures from the Commerce Department showed today in Washington. (Source: Bloomberg)

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