Real Estate Outlook: Positive Growth

There was an important piece of economic news last week that has HUGE significance for real estate and housing, but it got minimal coverage on TV and in print.

The Conference Board’s Index of Leading Economic Indicators, widely acknowledged as the most accurate predictor of future activity and output in the U.S. economy, rose by almost a point in June.

That was the third straight month of positive growth. But more importantly, it was the first time since 2004 that the index has increased for three consecutive months.

Read more at  ValerieFitzgerald.com and learn about luxury real estate in Beverly Hills, Bel Air and West L.A neighborhoods. 

Published: July 28, 2009 from Realty Times

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