U.K. Consumer Confidence Jumps the Most in Almost Two Years

May 6th, 2009

U.K. consumer confidence jumped the most in almost two years last month as stocks rallied and the property-market slump showed signs of easing, Nationwide Building Society said.
An index of sentiment rose 8 points from March to 50, the Swindon, England-based mortgage lender said in an e-mailed statement today. In a separate report, the […]

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Pending U.S. Home Resales Probably Steadied as Market Settled

May 4th, 2009

The number of Americans who signed contracts to buy previously owned homes was probably unchanged in March as lower prices attracted buyers, economists said before a report today.
The result, the median of 25 estimates in a Bloomberg News survey, would come after a 2.1 percent gain in February.
Foreclosure-driven declines in values and […]

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