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« previous: Sharp Rise in New-Home Sales as Prices Fall | next: Economy Shrank 1% in 2nd Quarter, Less Than Economists Expected


Tuesday, July 28, 2009

jump to the original story in - Bloomberg.com:

» Home Prices Rise, Consumer Confidence Declines

A gauge of U.S. house prices posted its first monthly gain in three years, providing some solace to consumers shaken by rising joblessness. The S&P/Case-Shiller home-price index rose 0.5 percent in May from the prior month, the first gain since July 2006 and biggest since May of that year.


Home Prices Rise, Consumer Confidence Declines