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The Nexus
BUSINESSJul 5 · 12:00 UTCSCMP WORLDCheryl Arcibal

Berkshire Hathaway’s multibillion-dollar buy of Taylor Morrison to boost US housing market

Berkshire Hathaway acquired home builder Taylor Morrison for $6.8 billion in an all-cash deal, signaling increased confidence in the US housing market. Analysts suggest the move may encourage more investment in residential property, boosting home purchases by both local and overseas buyers.

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