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Friday, February 1, 2013

Housing Rebound Gives Economy More Pop


Consumers are feeling pinched by higher taxes and business investment has been choppy, so it’s a good thing the housing sector continues to build up speed. Construction on new properties rose in December at the fastest clip in four years and the sale of new homes in the last month of 2012 is likely to remain at a two-and-a-half-year high. What’s more, existing homes are selling at their strongest pace in three years. 

(Market Watch - WSJ.com) 

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