Housing gains continue, giving boost to overall economy

11/19/2012 | Bloomberg Businessweek

Positive movement in multiple housing-related markers, including October home sales, indicates continued recovery in the housing market, reports say. Deutsche Bank economist Joseph LaVorgna says housing improvement will boost jobs, including in construction, as well as consumer spending. He predicts that the housing recovery could fuel U.S. economic growth by a percentage point in 2013.

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