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

Lesotho Faces New Round of Violence, Political Crisis

Brutal killing of military officer has sent former leaders back into S. Africa where they're watching anxiously as regional officials head in to try to restore peace More

Video US Diplomat Expects Adoption of Bosnian Massacre Anniversary Resolution

Samantha Power says there's broad consensus about killings in Bosnia's war, but Russia calls resolution 'divisive,' backs UN countermeasure More

UN Report Exposes Widespread Boko Haram Atrocities

Damning report graphically details pattern of vicious, widespread atrocities committed by Islamist militants More