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Home prices up again, but consumers less confident
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Jun 26, 2012
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<p><a href="http://news.yahoo.com/home-prices-rise-third-month-april-p-130537230--business.html"><img src="http://l2.yimg.com/bt/api/res/1.2/NY_5qon13J4Kpp5s2MPtag--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2012-06-26T142113Z_1_CBRE85P10DL00_RTROPTP_2_USA-ECONOMY-HOUSING.JPG" width="130" height="86" alt="A home under construction is for sale in Virginia" align="left" title="A home under construction is for sale in Virginia" border="0" /></a>NEW YORK (Reuters) - Home prices picked up in April for the third month in a row, the latest indication that a recovery in the housing market is gaining traction. But in a sign of the struggles still facing the broader economy, separate data on Tuesday showed consumer confidence fell to its lowest level in five months in June as Americans' expectations on the economy soured. The S&P/Case Shiller composite index of 20 metropolitan areas gained 0.7 percent on a seasonally adjusted basis, topping economists' expectations for a 0.4 percent gain. Compared to a year ago, home prices fell 1. ...</p><br clear="all"/>
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