Increase of Home Sales
In the article "Sales of new U.S. homes soar in February" it is stated that home sales have risen 20% in some areas. How long can this continue? Probably not for long, it is reported in the article that the Federal Reserve is increasing interest rate to head off inflation. I think this is very good because we don't want inflation to take over but we needed a boost in our economy.
Posted by Nick at 3/29/2005 10:33:00 PM