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US new home sales to continue to perform well over the course of 2015: Capital Economics

Quotes from Capital Economics:

- US new home sales sustained almost all of December's seven-year high in January, falling by a marginal 0.2% m/m. (Data released on Wednesday.) 

- The strong labour market and loosening mortgage credit conditions mean that the outlook for new home sales is encouraging. 

- We expect sales to continue to perform well over the course of 2015, rising to perhaps 535,000 over the year as a whole.

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