NEW YORK (Reuters) - U.S. home prices rose in May for the first time in three years, suggesting the housing market is stabilizing, but a weakening job market hit consumer confidence in July and could prevent near-term economic recovery.
Reuters: Top News, Reuters
Tue, 07/28/2009 - 8:31am
NEW YORK (Reuters) - U.S. home prices rose in May for the first time in three years, suggesting the housing market is stabilizing, but a weakening job market hit consumer confidence in July and could prevent near-term economic recovery.