U.S. home prices surge unexpectedly in June

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Source: RTTNews
Home prices in biggest U.S. metropolitan areas posted a year-on-year growth rate in June, Standard & Poor's reported on Tuesday. The 20-city Composite Home Price Index advanced 0.5% on year in June, while analysts estimated the index to fall by about 0.3%. The index rose seasonally-adjusted 0.9% on month, after a 1.0% increase in May.
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Tue, 28 Aug 2012 18:39:08 GMT

Spain debt costs fall after auction

Spain's debt costs fell to the lowest in three months after today's auction, amid hopes that the ECB will soon start to act in order to curb Eurozone's debt crisis. The Treasury sold 3.6 billion euros of bills today, as the demand for bonds was strong. The yield for three-month bills dropped to 0.946 per cent from 2.434 per cent at the last sale on

Tue, 28 Aug 2012 18:17:07 GMT

U.S. consumer sentiment falls in August

U.S. consumer confidence posted a significant decline in August, the Conference Board said on Tuesday, with the consumer sentiment index tumbling to the weakest level since the end of 2011. The index slid to 60.6, compared to 65.4 in July, while economists forecast a less steep decline.

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