Housing Market Turning The Corner After 5-Year Slump

Morning Business Memo Could housing finally become a bright spot for the U.S. economy? For the first time in five years, says the real estate information firm Zillow, home prices have posted an annual increase. The rise is small - just 0.2 percent - but after a long deep slump things are looking up. "After four months with rising home values, and increasingly positive forecast data, it seems clear that the country has hit a bottom in home values," says Zillow's Chief Economist Stan...Full Story
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