The largest rise in house prices for seven years and a surge in consumer confidence have added to a fast-improving US economic outlook, increasing the chances the Federal Reserve will slow its $85bn-a-month in asset purchases.<\/p>\n
House prices jumped 10.9 per cent in March from last year\u2019s levels, the biggest increase since the height of the housing boom in 2006, according to the S&P\/Case-Shiller index. The rise in prices for homes and other assets helped push the Conference Board\u2019s index of consumer confidence to its strongest level for five years.<\/p>\n
Read it all<\/a> (another link there<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":" The largest rise in house prices for seven years and a surge in consumer confidence have added to a fast-improving US economic outlook, increasing the chances the Federal Reserve will slow its $85bn-a-month in asset purchases. House prices jumped 10.9…<\/span><\/p>\n