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  • Sun, May 11 2014
  • 10:48 PM » Is a bond selloff looming?
    Published Sun, May 11 2014 10:48 PM by CNBC
    With the U.S.'s zero interest rate era nearing its end, some analysts worry that bonds on the short end of the yield curve may face a selloff.
  • 10:48 PM » U.S. economic growth could top 3 percent in second quarter: Fed's Lockhart
    Published Sun, May 11 2014 10:48 PM by Reuters
    DUBAI (Reuters) - The U.S. economy could grow 3 percent or more in the second quarter of this year and the housing market is likely to pick up again after recent sluggishness, a U.S. Federal Reserve official said on Sunday.
  • 10:48 PM » March Seattle Region Home Sale Press Release
    Published Sun, May 11 2014 10:48 PM by DataQuick
    Seattle Region March Home Sales Seattle-area March home sales fell short of a year earlier as an increase in both high-end activity and condo resales failed to offset an overall decline in sub-$500,000 transactions. Price appreciation showed signs of throttling back, with the median sale price rising year-over-year at the slowest pace in 22 months, a real estate information service reported. A total of 4,367 new and resale houses and condos closed escrow during March in the Seattle-Tacoma-Bellevue metro area encompassing King, Snohomish and Pierce counties. Seattle-area sales rose 26.1 percent from the prior month and fell 4.3 percent from a year earlier, according to San Diego-based DataQuick. The firm tracks real estate trends nationally via public property records. An increase in sales between February and March is normal for the season. On average, sales between those two months have risen 37.0 percent since 1994, when DataQuick's complete Seattle-area statistics begin. March was the second month this year to log a year-over-year decline in total sales. In January sales fell 1.3 percent year-over-year. February sales rose 3.6 percent from a year earlier. However, condo resales have increased year-over-year for the past two months, rising 22.1 percent in February and 2.8 percent this March, when 869 condos resold - the highest for a March since 969 condos resold in March 2007. Total March home sales were 14.0 percent below the average number of homes sold in all months of March since 1994. Sales of existing (not new) single-family detached houses were 16.5 percent below the historical March average, while condo resales were 31.2 percent above average and sales of newly built homes were 36.4 percent below the March average. Buyers paid a median $315,000 for all new and resale houses and condos sold in the three-county Seattle area in March, up 0.3 percent from the prior month and up 6.8 percent from a year earlier. It was the lowest year-over-year gain since the...
  • 10:46 PM » Fed's Lockhart Sees End of U.S. QE Stimulus Program This Year - Bloomberg
    Published Sun, May 11 2014 10:46 PM by Bloomberg
    Fed's Lockhart Sees End of U.S. QE Stimulus Program This Year Bloomberg Federal Reserve Bank of Atlanta President Dennis Lockhart said he expects the U.S. central bank to end its bond-buying program by October or December before raising interest rates next year as the economy gathers pace. "This is a first step in the gradual ... and more »
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