By Scott Malone, Jill Serjeant and Laila Kearney BOSTON/NEW YORK (Reuters) - A blizzard swept across the northeastern United States on Tuesday, dropping as much as 2 feet (60 cm) of snow across Massachusetts and Connecticut even as its impact on New York City fell short of dire predictions. The governors of New York and New Jersey lifted travel bans they had imposed a day earlier and New York City's subway system restarted after being closed for 10 hours, though officials urged people to stay off snow-covered roadways. "YUP, IT SNOWED!" headlined New York's Daily News tabloid, taking matters in stride, the way New Yorkers typically pride themselves on doing. Police said a teenager died late on Monday when he crashed into a lamppost on a street where he was snow-tubing on Long Island, one of the hardest hit areas in New York state.
US home prices rose in November from October but the underlying trend continued to point to a slowdown in price gains, according to the S&P/Case-Shiller index released Tuesday. The Case-Shiller US national index, a broad measure of price gains, edged down 0.1 percent. "The housing recovery is barely on first base," said David Blitzer, head of the Index Committee at S&P Dow Jones Indices. Most of the housing market recovery is lackluster, with strong price gains limited to California, Florida, the Pacific Northwest, Denver, and Dallas, he said.
A blizzard initially billed as possibly one of the worst ever in New York left only moderate snow in the Big Apple -- and officials and forecasters red-faced -- as New England bore the brunt of the storm Tuesday. Travel bans were lifted and limited public transport resumed in New York, where officials were forced to launch a vigorous defense of the measures put in place as Winter Storm Juno moved in on Monday. "You plan the best you can and you lean toward safety," New York state Governor Andrew Cuomo told a news conference under a barrage of questioning.