U.S. home prices rose 13 percent over last year by one economic measure published today and a separate measure of consumer confidence rose more than expected.

Although the S&P/Case-Shiller index of home prices in 20 U.S. cities was just about what economists predicted, it nevertheless is the largest annual jump since 2006, according to
Bloomberg.

 Also reported today, the Consumer Board's index of consumer confidence rose to 78 from 72 in November, which was more than economists predicted.

 "Consumers seem more upbeat," said Omair Sharif, a senior economist at RBS Securities Inc. in Stamford, Conn. "The combination of a better labor market and low inflation is helping purchasing power. We've moved past concerns associated with the government shutdown."