Read more about Unsold housing stock dips 2% in Jan-Mar at 7.05 lakh units on Business Standard. Unsold housing inventories in primary markets across eight major cities fell marginally by 2 per cent at 7.05 lakh units during January-March as compared to the previous quarter
and this is the first time we ve seen any sort of positive movement since this housing bubble burst. now, in may housing purchases of homes had gone up 10% versus last may so that s definitely a good indication. as well as housing ichblttories, that s really the key. you have to look at housing inventories. they are becoming less on the market. but are we back where we are at 2002 levels? no. housing analysts are looking to see us back at those levels. shoppers can take new chevy models on a 60-day test drive? that s right. i m going to be taking that chevy out to the hamptons. i want to see what this is all about. actually, chevy, during the summer, a lot of other automobile manufacturers have these promotions to get rid of their inventories. chevy, this is similar to what
preside over crowds today in havana. he s on his last leg of his visit to cuba. before saying mass, he ll speak to cuban president raul castro. his brother fidel has requested a meeting as well. a key part of the health care reform law may be in jeopardy. the u.s. supreme court expressed different views on whether the government can require individuals to buy health insurance or face a penalty. today is the third and final day of the hearings. a ruling is expected in june. those are the top stories from cnn. i m monita rajpal. world business today starts right now. good morning. from cnn london, i m nina del santos. and a very good afternoon from cnn hong kong. i m andrew stevens. you re watching world business today. these are our top stories this wednesday. shares in totale fall after a major gas leak in the north sea. the oil giant says it could be months before the rig is back online. rupert murdoch s news corp. is hit by more allegations of hacking. this ti