The mathematician of the Complutense University of Madrid, José-Vidal Ruiz Varela, argues that Europe must raise its borrowing limit, leaving its deflationary policy.
Cortesía de Investing.com

Agenda Macro

Calendario económico en tiempo real proporcionado por Investing.com España.

Home prices post largest annual gain since 2006

WASHINGTON (MarketWatch)
Prices for U.S. homes rose in March, reaching the highest year-over-year growth rate since April 2006, with annual gains in all 20 cities tracked by S&P/Case-Shiller, according to data released Tuesday
Signaling continued housing-market momentum, the 20-city composite index rose 1.4% in March, the largest monthly growth since July, and was up 10.9% from the same period in the prior year
On a seasonally adjusted basis, prices rose 1.1% in March
Phoenix posted the largest year-over-year price growth at 22.5%, while New York had the lowest at 2.6%
Low inventory and interest rates, as well as pent-up demand, are supporting home prices
Despite recent gains, the 20-city composite index indicates that prices remain about 28% below a 2006 peak