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Builders work at the roof of a new housing construction site in Alexandria, Va.
Builders work at the roof of a new housing construction site in Alexandria, Va.
(KEVIN LAMARQUE/REUTERS)

Data aside, the U.S. housing recovery is still on

There is a lot riding on the U.S. housing recovery: Just as the housing sector led the broader economy into deep trouble several years ago, it is supposed to be leading the economy back to health now.

Trouble is, housing data have disappointed in recent months, raising concerns over whether slow jobs growth and rising borrowing costs are starting to bite.