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Monday- March 28
mandy • March 28, 2016
Inflation pressures remained tepid in February as measured by the Core Personal Consumption Expenditures (PCE). Personal Income and Spending were steady in February. February Pending Homes Sales surged 3.5% from January to its highest level in seven months.
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Home price gains continued in February, though moderation has been seen in some regions.
A sharp decline in the West sent New Home Sales lower by 1.5 percent in March.
CoreLogic reports that home prices, including distressed sales, rose by 6.8 percent from February 2015 to February 2016.
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