Nice News!

On Monday we learned that existing home sales in May jumped 4.9% to a rate of 4.89 million/year, the best pace since last October. Better yet, yesterday we learned that new home sales jumped from a rate of 433,000/year in April to 504,000/year in May, the best activity level since 5/08 and that consumer confidence hit 85.2 in June, its best level since 1/08! The economy really is s-l-o-w-l-y improving!

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