The latest news report stated that the housing market is making a comeback and that house prices are on the rise.This information is likely to:
A) increase demand for houses now due to a change in expectations of future prices.
B) decrease demand for houses now due to a change in expectations of future prices.
C) have no effect on the current housing market, but will increase demand in the future.
D) have no effect on the current demand for housing, but will decrease current supply.
Correct Answer:
Verified
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