Mortgage Giant Fannie Mae sees home-price gains moderating - 2005-06-16
Expect some moderation in home-price gains this year, Fannie Mae's top economist said Thursday. The prices of U.S. homes should rise between 6.5% and 7% in 2005, said David Berson, chief economist at the mortgage finance giant (FNM).

That's similar to increases made between 2000 and 2003, but below 2004's increase of 10.8%, Berson said at a press briefing.
Read the full story at Investor's Business Daily

U.S. Economy resumes growth - 2005-06-16
Different reports released Wednesday depicted a U.S. economy shaking off the effects of an oil-price surge in the early spring and resuming solid growth.

Consumer prices in May saw the first decline in 10 months as energy costs staged a sizable retreat from an April high. At the same time, the pace of activity at U.S. factories jumped sharply.
Read the full story at Arizona Republic