Housing Seen as Emerging Bright Spot by Freddie Mac Economists

``December housing starts were above expectations, up 37 percent from December 2011 at an annual rate of 954,000. Housing starts have posted year-over-year gains every month since September 2011. Existing home sales rose 9 percent and new home sales 20 percent from December 2011 to December 2012 and house prices are increasing nationally. The Freddie Mac House Price index is expected to rise 3 to 4 percent in 2013. ''

Source: http://ml-implode.com/staticnews/2013-02-18_HousingSeenasEmergingBrightSpotbyFreddieMacEconomists.html

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