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Housing is back on track

Posted on 25 March 2013

“Real estate is back!” exclaimed a talking head on a financial network last week. The cause of the enthusiasm was the surprisingly strong Housing Starts report. In case you missed it, starts were up a better-than-expected 0.8 percent to a seasonally adjusted annual rate of 917,000 from February.
Building permits, an indication of future demand, were up 4.6 percent to a seasonally adjusted annual rate of 946,000, the highest rate since June 2008………………………………………..Full Article: Source


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