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Home Sales Power Optimism
May 29, 2013Posted by on
Prices Rise at Fastest Pace Since 2006, Calming Investor Fears of a Spring Swoon
The housing-market revival—and an accompanying report on consumer confidence—adds new grist for a debate inside the Federal Reserve about how far to push its easy-money policies, including an $85 billion-a-month bond-buying program which has helped to keep mortgage rates near historic lows, boosted asset prices and begun to stimulate hiring and spending.
Read the full article from the Wall Street Journal