Credit availability a top housing concern -Fed's Duke

NEW YORK Fri Oct 5, 2012 2:02pm EDT

NEW YORK Oct 5 (Reuters) - The lack of credit available to home buyers is among the biggest concerns in the still troubled U.S. housing market, a top Federal Reserve official said on Friday.

Fed Governor Elizabeth Duke highlighted credit availability, as well as the lack of a national appraisal database on housing, as concerns the U.S. central bank has.

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