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Posted: December 28, 2012 at 12:44 a.m.

QUOTE OF THE DAY “The housing market’s in a steady recovery that’s likely to continue.” Neil Dutta, Renaissance Macro Research LLC Article, 1D

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Business, Pages 22 on 12/28/2012


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November’s new-home sales up a robust 4.4%

A woman walks to a home for sale in November during a viewing for brokers in Leucadia, Calif. Sales of new homes rose 4.4 percent in November from October, the Commerce Department said Thursday.

Americans bought new homes last month at the fastest pace in more than 2 1/2 years, further evidence of a sust... Read »

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Consumers’ spirits sink in December; fears of...

An H&M store in Atlanta drew shoppers earlier this month, but consumers’ conÿdence tumbled in December, driven lower by fears of sharp tax increases and government spending cuts set to take effect next week.

U.S. consumer confidence tumbled in December, seen to be driven lower by fears of sharp tax increases and gove... Read »