Rising consumer confidence, Falling home prices

Good day for: Looking on the bright side, as the Conference Board’s consumer confidence index made its biggest jump since 2003, fueling hope that the recession had hit bottom. (Bloomberg)

Bad day for: Looking on the bright side, as home prices fell a record 19 percent in the first quarter of 2009 compared to the same period last year, according to the national Case-Schiller home price index. "We see no evidence that a recovery in home prices has begun," said David Blitzer, chairman of the index committee for Standard & Poor's, which compiles the Case-Shiller index. (MarketWatch)

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