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The Wall Street Journal: Mortgage rates, home prices and Republican tax law get blame as housing sales skid lengthens

The housing market is stumbling through its longest slump in four years, as the divergence between a booming U.S. economy and weakening home sales that many had dismissed as temporary now looks poised to continue.

A combination of rising mortgage rates and high home prices, a dearth of inventory and a new tax law that reduces incentives for home ownership have weighed on the housing sector this year.

Rex Nutting:The Republican tax bill is a big Christmas gift for tax attorneys, accountants (Dec. 12, 2017)

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