Wednesday, December 30, 2009
Prices were 0.4% higher than they were in September on a seasonally-adjusted basis, the Standard & Poor's/Case-Shiller Home Price index said.
And confidence among US consumers has shown a larger-than-expected rise.
Improved optimism over the jobs market saw consumer confidence hit a three-month high in December, according the Confidence Board.
The recovery in the housing market continues to be uneven, with only 11 of the 20 cities tracked showing house price gains. On a yearly basis, prices were 7.3% lower.
The index records the prices of homes in 20 of the largest cities in the US.
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by World House Info @ 11:13 PM
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