in the third quarter to a 2 percent annual rate, dragged down by

the biggest decline in home building in 15 years.

The government's final estimate of growth in gross domestic

product, the value of all goods and services produced, was down

from the 2.2 percent rate estimated last month and compares with

2.6 percent for the second quarter, the Commerce Department said

today in Washington . A measure of core inflation was unchanged

from the previous estimate.

Home construction declined by the most since 1991, and

consumer spending on medical services was less than previously

reported, per the Department of commerce. Federal Reserve policy

makers last week forecast a moderate expansion ``on balance over

coming quarters'' and called recent economic indicators ``mixed.''

Mixed or not, I beleive year 2007 will be much better year than 2006

for real estate markets all over the country.

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