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US: Will housing continue to fuel rally?

Posted on 19 March 2012

Robert TippHousing will take center stage this week as several economic reports on housing prices, sales and construction are due out. Any signs that the real estate market is rebounding could keep the stock market rally going.
“We’re going to see enough housing data next week that we’ll be able to corroborate or refute reports showing that the real estate market is rebounding,” said Dan Greenhaus, chief global strategist at BTIG. Reports on housing starts, building permits and February’s new and existing home sales will all be released this week………………………………………..Full Article: Source


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