The Federal Reserve’s latest Beige Book said the economy is expanding, despite low inventories of homes, rising prices and not enough new construction that is hampering real estate activity. In some markets, Fed districts reported that sales are shifting to lower-priced homes from higher-price units
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Report: Economy growing at ‘modest to moderate’ pace
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Industry News
Thursday, September 14, 2017
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The Federal Reserve’s latest Beige Book said the economy is expanding, despite low inventories of homes, rising prices and not enough new construction that is hampering real estate activity.
In some markets, Fed districts reported that sales are shifting to lower-priced homes from higher-price units
Read on to learn the Fed’s district-by-district analysis of real estate activity.
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