
MarketMinute | Home prices continue their rise
Consumer confidence rose to an 8-month high in December as inflation retreated and the labor market remained strong. In a sign of labor market strength, unemployment filings remain at historically low levels, though they rose slightly last week to 216K. The economy grew faster than previously thought in the 3rd quarter, a sign the Fed's battle to slow it down is having only a limited impact. NAHB reports homebuilder sentiment dropped for the 12th month in December to the lowest level since 2012 but...
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