This week's U.S. housing report expected to be strongly positive

05/19/2013 | Bloomberg

Looking ahead to a key U.S. housing report this week, economists say it's likely to register at the highest level in more than three years. "Housing is a very clear bright spot. It's probably going to be a nice tailwind for us for the foreseeable future," said Tim Quinlan, economist at Wells Fargo Securities in Charlotte, N.C.

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