Tuesday, April 30, 2013

Voice of America: US Housing Prices, And Confidence, Rise

Voice of America
Voice of America is an international news and broadcast organization serving Central and Eastern Europe, the Caucasus, Central Asia, Russia, the Middle East and Balkan countries
US Housing Prices, And Confidence, Rise
Apr 30th 2013, 22:56

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. Analysts say it may be one of the reasons why U.S. consumer confidence is improving. Five years after the collapse of the U.S. housing market, Americans seem ready to buy again. Pending home sales are up 7 percent over last year, ...

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