Economy

US Housing Prices, And Confidence, Risei
X
April 30, 2013 11:22 PM
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.

US Housing Prices, And Confidence, Rise

Published April 30, 2013

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.


You May Like

Video China Investigates Powerful Former Security Chief

Analysts say move by President Xi is an effort to win more party support, take step toward economic reforms, removing those who would stand in way of change More

South Africa Land Reforms Still Contentious 20 Years Later

Activists argue that the pace of land reform is slow and biased; legal experts question how some proposed reforms would be implemented More

In Vietnam, Religious Freedoms Violated, UN Finds

Beliefs reportedly prompt heavy surveillance, intimidation and travel restrictions More