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Old 01-04-2008, 03:08 PM
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Default Europeans Snap Up New York Real Estate
European shoppers are having a field day in New York, and they're not just buying sweaters. With the euro hovering around a dollar and a half, and the pound around $2, there's been a noticeable surge in real estate purchases. Greg Heym, chief economist for Halstead Property, talks about the trend and how it affects the housing market.

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