Description: A gauge of home prices in 20 U.S. cities rose in August for a third consecutive month, bolstering the case that an economic recovery is at hand.
Source: Bloomberg.com
Date: 10/27/2009
Link: http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aBvc2corjATg
Questions for discussion:ÂÂ
- Summarize the ideas expressed in this article relating home sales to the economy.
- Explain why home prices and sales are important economic indicators for business managers to follow.
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