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US Housing Still Dragging its Feet – QE3 Still on the Cards

posted by Avatar forexcrunch 124 days ago in Housing

US Existing Home Sales rose by around 5% to an annual pace of 4.61 million, from a revised 4.39 million last month. This is within expectations of 4.65 million.

Yet while this is a rise, the pace is still far from the good years. The tendency for another round of Quantitative Easing leans towards the aiding mortgage based assets.
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