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The steady increase in prices has helped many home markets slowly rebound nearly six years after the housing bubble burst, lifted further by the lowest mortgage rates in decades.
Mr. Shatalov said that recent reports predict the downward trend will last six to nine more months, and that property values will slowly rebound from there, though he added that such a change is difficult to predict.
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There have recently been reports that the company was slowly rebounding.
As ice has been shed since, the island has slowly rebounded upwards.
Executives said, however, that the firm's business was slowly rebounding after a turbulent summer.
Like Mr. Markavage, New Jersey has weathered the economic downturn -- with some scars -- and is slowly rebounding.
Against the backdrop of a slowly rebounding economy, the Michigan primary provided an early test of the challenges Republicans will face when they confront Mr. Obama in the fall.
The company said its traditional landline business had declines in profits and in its customer base, even though that division was slowly rebounding thanks to growth of Verizon's FiOS fiber-optic business.
And for Daphne Ballard, who lives near the school in a neighborhood slowly rebounding from decades of social and economic distress, seeing her daughters Courtney, 12, and Zoe, 7, grow up at All Saints has been a personal triumph.
A purchasing manager in the transportation equipment sector gave some context by explaining that "international markets [are] expanding rapidly; [while the] domestic market is slowly rebounding".
As the economy slowly rebounds from recession, it makes sense for large companies to be more aggressive in targeting growth through acquisition, because the valuations of potential targets remain far below 2008 highs.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com