U.S. Economy: Existing Home Sales Hover Near Four-Month Average; Prices Increase

April 23 (Bloomberg) -- Sales of existing U.S. homes in March stayed near a four-month average, and prices rose from February, a sign the housing recession has stopped getting worse.

U.S. MONTHLY HOUSE PRICE INDEX ESTIMATES 0.7 PERCENT PRICE INCREASE FROM JANUARY TO FEBRUARY

WASHINGTON, DC – U.S. home prices rose 0.7 percent on a seasonally-adjusted basis
from January to February, according to the Federal Housing Finance Agency’s monthly
House Price Index.

Home Prices Drop 6.5% in February as Mortgage Rates Fuel Demand

April 22 (Bloomberg) -- U.S. home prices fell 6.5 percent in February from a year earlier, the second-smallest drop in six months...

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DJ CME Lumber Review: Ends Mixed In Fund Spreading

The May contract settled $0.70 per 1,000 board feet lower at $173.00, while July ended $2.90, or 1.55%, lower at $183.70. The September contract was up $1.00 at $195.50

Report: U.S. housing market undervalued

All eyes will be on Florida and other markets that saw the biggest housing bust for signs of stability and growth

Housing Data Could Signal If Bust Is Over

Home sales will likely hit a bottom first -- and may have already done so. Data on existing home sales in March is scheduled to come out Thursday and new home sales on Friday.