US house prices suggest strong economy: Bernanke

White House economic adviser Ben Bernanke said on Friday 29 July that he thought strong U.S. housing prices reflected a healthy economy and thought it was unlikely there would be a national decline in prices.

"House prices have gone up a lot," Bernanke said in an interview on CNBC television. "It seems pretty clear, though, that there are a lot of strong fundamentals underlying that.

"The economy is strong. jobs have been strong, incomes have been strong, mortgage rates have been very low," the

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