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U.S. lasting housing recovery spurs overall economic growth

Posted on 24 April 2013

U.S. house prices rose 7.1 percent in the year through February, said the Federal Housing Finance Agency (FHFA) on Tuesday, indicating an increasingly confirmed recovery as many other housing indicators also suggest that the rebound in homebuilding activity is on firm footing.
The overall U.S. economic activity, however, signal some moderation in the first quarter of this year, partly due to the impact of government spending cuts under the sequester………………………………………..Full Article: Source


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