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us house prices up for fifth month

  1. RKS
    573 Posts.
    US house prices up for fifth month
    US house prices rose in October for the fifth month in a row, according to a leading index.

    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 to the Confidence Board.

    http://news.bbc.co.uk/2/hi/business/8433858.stm

    PS may I propose a theme song for CER?
    "I dreamed a dream" sung by Susan Boyle
    (like CER and CNP, another ugly duckling with swan potential :)
 
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