On a month-to-month basis, total residential spending increased 2.96 percent from April and rose almost five percent above May 2011 levels. But spending still remained 60 percent below the kind of peak levels seen in 2006.
Home sales data recently released by the National Association of Realtors showed that its index of sales agreements rose in May, up 13.3 percent from 2011. The trend matches the fastest pace for the index in two years.
Father's Day gifts: You can't buy a nap for him, so try any one of 70 million personalized, stereotyped gifts online.
The dollars and cents of good deeds: Communities with high social capital tend to have lower unemployment. Some seeking employment solutions see this altruistic glue as something to study.