US home value added 1.3% in April

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Source: Marketwatch
US home prices surged 1.3% in April and posted the first monthly advance since autumn 2011. S&P/Case-Shiller index that encompasses 20 US cities added 1.3% with 19 cities out of 20 reporting gains. Home values declined only in Detroit. On yearly basis index has deteriorated from 2.6% to 1.9%. 
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Wed, 27 Jun 2012 07:55:19 GMT

US shares climb on housing data

US stocks appreciated on Tuesday supported by data which showed US home prices added 1.3% in April, the first gain since autumn 2012. S&P 500 surged 0.48% or 6.27 points and closed at 1,319.99. Dow Jones Industrial Average soared 0.26% or 32.01 points to 12,534.67 and Nasdaq Composite advanced 0.63% or 17.90 points settling at 2,854.06.

Wed, 27 Jun 2012 12:20:41 GMT

Retail sales tax could curb Japan's economic growth in 2014

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