Monday, March 13, 2006

High Home Values Boost Net Worth Of Households Across the Country



High Home Values Boost Net Worth
Of Households Across the Country

By Rafael Gerena-Morales and James R. Hagerty
From The Wall Street Journal Online

The rising value of U.S. homes boosted the net worth of American households to a record in the fourth quarter, but higher interest rates could slow home-price appreciation in the months ahead.

Meanwhile, new claims for unemployment insurance rose slightly in the week ended March 4.
-- March 13, 2006

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