New York - US home prices rose again in December and activity in the services sector expanded in February at its fastest pace since October, but a gauge of consumer confidence fell, according to reports published on Tuesday.
Federal Reserve chairman Janet Yellen also noted on Tuesday that the slowly improving US economy may lead to a rise in interest rates later this year in testimony she gave to Congress.
US single-family home prices rose in December, led by strong increases in the western half of the United States, a closely watched survey said.