Posted by & filed under Part 1 Business in a Global Environment.

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: 

  • 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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