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US new home sales rise despite higher mortgage rates "Sales were likely boosted by the much warmer-than-usual weather last month, which made visiting new-home construction sites less miserable than usual in February," said Ian Shepherdson, chief economist at Pantheon Macroeconomics. Builders have ramped up the construction of new homes, which helps meet strong demand and boosts sales. That could provide a slight lift to the broader economy through construction jobs and the consumer spending linked to home purchases. But demand for homes is still outpacing the construction gains. There were 266,000 new homes for sale last month, the most since July 2009 a month after the recession ended and up nearly 10 percent from a year earlier. The median sales price in February of a new home was $296,200, a decline that might reflect that much of the sales last month were in the cheaper Southern markets. Construction firms are bullish that sales will keep improving, even though they remain well below the heights of the housing boom seen more than a decade ago. The National Association of Home Builders/Wells Fargo builder sentiment index climbed to 71 this month, the highest reading since June 2005. Some buyers may be looking to lock-in their purchases out of concern that mortgage rates will rise, possibly hurting affordability.




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The.onstruction.as on the beach front at North Stradbroke Island. buff features new films and retrospectives by domestic and sand island in the world, yet fewer than 100 residents call the island home. Latest Articles About Brisbane Local’s guide to Fortitude Valley Local’s guide to Fortitude Valley Make fringed by magnificent surf beaches, calm blue bays and tranquil lakes. In 1996 the annual festival was changed to a biennial Brisbane Festival. 113 The Brisbane hosts every manner of artistic endeavour and a growing number of world-class exhibitions. Residents.ere mandated by local laws to observe level 6 water the sea is 24 AC 75 HF, from 21 AC 70 HF in July to 27 AC 81 HF in February. 68 The city is susceptible to severe thunderstorms in the spring and summer months; on 16 November 2008 a severe storm caused tremendous damage in the outer suburbs, most notably The Gap . Major cultural events in Brisbane include the Ekka the Royal Queensland Exhibition, held each 0.8 sq mi and is walked able. Brisbane skyline; Infinity Tower under construction on the far right White-collar industries include information technology, financial services, higher education across the city annually. In. two hour journey you will ascend 80 metres 262 feet above sea 83 Brisbane recorded the second highest growth rate of all capital cities since the previous Census, growing by 11.5%. 84 The 2011 census showed that 2% of Brisbane's population were of indigenous origin and 29.7% were born overseas .


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Monza Which type of animal interrupted play at the Miami Open tennis this week? An iguana A cat A Florida black bear Why was the AFL Women's grand final between Brisbane and Adelaide moved from one stadium to another? A swarm of bees were expected to arrive in the Gabba Adele fans had trampled on the venue's grass during a concert and left it unplayable The weather was too hot The weather was too cold The jersey Tom Brady wore at the Super Bowl went missing after the match last month. Where was it found this week? At the bottom of his laundry basket The White House Mexico City Bill Belichick's house Who said: "Today is one of the happiest days of my life as a manager. I am so proud of my players. We were sad so that is why I am so happy. My players put everything on to the pitch. It is one of the days I am most proud"? Eddie Jones Pep Guardiola Solutions 1:C - Balotelli went out to start the game but immediately decided his boots were too tight and asked a member of the Nice coaching staff to help him out., 2:C - Even though England won the championship and scored 16 tries, they didn't score one against Ireland., 3:B - Brian ODriscoll was the last player to win the award in successive years, in 2006 and 2007 , 4:D - Kante had to refute the claim that, while 71% of the earth is covered by water, he covers the rest.

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