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Welcome to the week -- business I'm Christine has got me in New York.
With the market struggling to find their way housing fat and GDP news we'll steal the street's attention next week.
On Tuesday it became Shiller home price index is released for June.
According to its last report home prices continued to gain steam -- May even as mortgage rates climbed.
The Case Shiller Index surged twelve point 2% from a year ago.
The big -- of the year jobs since march of 2006.
Near the height of the housing bubble.
The pending home price index -- out Wednesday.
In June the index of pending home sales dropped point 4%.
Showing how rising mortgage rates are beginning to restrain housing market slightly.
Two -- fed officials are also speaking next week.
Wall Street is waiting for any indication on -- that is going to be in scaling back its huge economic stimulus efforts.
Second quarter GDP estimates are released Thursday as of now GDP growth is at a sluggish one point 7%.
That's it for the week ahead in New York -- guiding Fox Business.
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