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Archive for December, 2009

Nov existing home sales, expected to be +2.5%, sales jumped 7.4%—another blow this morning for the bond markets. Sales totaled 6.45 mil (annualized), the best since Feb 2007. The median sales price at $172.600.00; the inventory levels at 6.5 month supply the best since Dec 2006. The jump is being attributable to the first time tax [...]

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