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Swedish economic sentiment indicator rises in November

U.S. Q3 economic growth unrevised in second estimate

Swiss franc likely to gradually depreciate against euro in coming months

Reserve Bank of India likely to stand pat in December

Canadian employment likely declined in November, jobless rate to have risen to 9 pct

U.S. existing home sales decline in August

Germany's unemployment exceeds expectations in September

Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed

U.S. weekly jobless claims unexpectedly decrease

Bank Indonesia keeps key interest rate on hold at 3.75 pct

U.S. existing home sales rise above expectations in October

U.S. durable goods orders sustain robust growth

U.S. vehicle sales fall again in November

Malaysian headline inflation falls further in October, likely to remain negative in 2020

German Ifo business climate index falls sharply in November, economic growth likely to shrink in Q3

Taiwanese money supply continues to see strong growth, CBC likely to keep rates on hold in December

U.S. personal income and spending rose less than expected in August

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Case Shiller shows strengthening of housing sector

Tuesday, December 29, 2015 4:49 PM UTC

According to the Case Shiller Home Price Index, home values in October rose 5.2 percent annually. This solid figure is an increase from September's 4.9 percent gain. Cities such as Portland, San Francisco and Denver all saw year over year price gains beyond 10 percent.

While analysts believe low inflation and significant residential construction as contributing factors to these home price increases, low inventories of houses remain the main driver at hand.

"Many worry further interest rate increases in the upcoming months will hurt affordability however the latest economic predictions show the funds rate by the end of 2017 lying near 2.6 percent, suggesting potential home buyers should not fear sky high mortgage rates", says Voya Global Perspective.

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Case Shiller shows strengthening of housing sector

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