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Real estate market red hot: Pro  

Bob Wetenhall, RBC Capital Markets & homebuilders analyst, joins David Crowe, Nat'l Association of Homebuilders, to discuss their outlook in the housing industry.
Source: CNBC.com
Report boosts homebuilder shares

The Commerce Department report shows that housing starts last month increased 20.2 percent for the month, to an annual rate of 1.14 million homes. "The housing market comes back in the spring, is what realtors always say, and boy is this true today," said Christopher Rupkey, chief financial economist at MUFG Union Bank, in a note to clients. The report helped lift...
Source: The Associated Press | By: By The Associated Press
Asia stocks mostly rise as dollar gains after robust US data

Wal-Mart Stores fell after reporting weak sales and a drop in quarterly earnings, a result of raises for workers and a rising dollar squeezing its profits. Wal-Mart's stock sank $3.49, or 4 percent, to $76.43. "But it hasn't felt like it," said Hank Smith, chief investment officer at Haverford Trust.
Source: The Associated Press