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US Housing Prices, And Confidence, Rise


New data shows the U.S. housing market strengthening. The S&P Case Schiller Home Price Index shows average home prices in 20 of the biggest US cities rose more than nine percent in the last 12 months. That's the biggest gain in nearly seven years. And as Mil Arcega reports, it may be one of the reasons why U.S. consumer confidence is improving.

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