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Federal Reserve Bank of Dallas
Southwest Economy
Noteworthy: housing: tax credit boosting sales, building -- for now
Michael Nicholson
Abstract

In both Texas and the U.S., existing-home sales have been rising since March 2009--due in part to a tax credit of up to $8,000 for first-time homebuyers. The tax credit has also helped stimulate construction.


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Michael Nicholson, "Noteworthy: housing: tax credit boosting sales, building -- for now" , Federal Reserve Bank of Dallas, Southwest Economy, issue Q1, pages 15-, 2010.
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Keywords: Housing ; Economic conditions - Texas ; Construction industry ; Tax credits
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