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Please click here to see the edition of BuilderBytes for 10/26/12 on the Web.
In this issue of the MetroIntelligence Economic Update, I covered the following indicators:
- Sales pace of new homes highest since April 2010
- FHFA House Price Index rose by 0.7% from July to August and by 4.7% over the previous year
- September pending home sales show slight improvement
- Federal Reserve sticks to QE3 plan due to mixed signals on the economy
- Durable goods orders rose by 9.9% in September following 13.1% decline in August
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