ECONODAY: Home-price appreciation rose 0.8 percent in December as Case-Shiller's 20-city index extends its run of strong monthly gains. But the year-on-year rate, however, slowed to plus 5.7 percent and a bit further away from the 6.0 percent line where, for instance, the FHFA index has been trending. Household wealth is increasingly dependent, not on wage gains, but on home-price appreciation, and some homeowners are looking for sharp appreciation this year, up to 10 percent...
