Home prices rise for sixth month, a sign of recovery
NEW YORK (Reuters) – U. S. home prices rose for a sixth straight month in July in the latest sign of a sustainable housing market recovery, while a jump in consumer confidence this month offered a harbinger that Americans are ready to loosen their spending. Six years after its collapse, economists believe the housing market has turned a corner. Two separate reports on Tuesday showed that home prices rose in July, though the gains were not as strong as the previous month. . . .
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