Home prices are up, will the job market follow?

A for sale sign is seen in front of a home on January 25, 2011 in Miami, Florida.

New numbers out this morning show home prices are up by 8.1 percent over last year, the best yearly increase since 2006.

Juli Niemann, analyst with Smith, Moore & Company joins Marketplace's Mark Garrison explain the rise and whether it will boost the job market.

About the author

Juli Niemann is executive vice-president for research and portfolio management with Smith, Moore and Company.


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