Tuesday, July 26, 2011

Home price rise fails to lift housing gloom (Reuters)

A realtor and bank-owned sign is displayed near a house for sale in Phoenix, Arizona, January 4, 2011. REUTERS/Joshua LottReuters - Prices for new single family homes rose to a five-month high in June even as sales slipped, but recovery for the broader housing market continues to be frustrated by an oversupply of properties.


Source: http://us.rd.yahoo.com/dailynews/rss/topstories/*http://news.yahoo.com/s/nm/20110726/bs_nm/us_usa_economy

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