Only nine out of 12 Federal Reserve districts experienced moderate economic growth in the latest Fed Beige Book, but most real estate markets continued to improve from late November to the end of 2013.
This is a slightly disappointing change, considering all 12 districts witnessed moderate-to-modest economic growth in the previous beige book.
While a few districts witnessed a slowdown in home sales and residential construction, most reported increased residential sales activity, construction and rising ho
me prices.
