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5 things to watch on the economic calendar

From blogs.wsj.com

The data so far from homebuilders have been disappointing, with builder confidence still low and starts sluggish. Suppliers of home may be reacting to demand. Sales of new and existing homes slipped in February, as cold weather may have kept buyers on the sidelines. Higher mortgage rates and rising prices have also pushed some potential buyers out of the market. Economists expect a small rebound in March new home sales, to be reported Wednesday, while sales of existing houses, out Wednesday, are expected to decline for the third consecutive month. An unexpectedly bad number in either new or existing home sales could ... (full story)

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