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Mobile shopping surged on cyber Monday

(WISH) – Mobile shopping surged on cyber Monday and home sales are spiking.

Users were whipping out their mobile devices for more than just texting and tweeting on Monday.

Mobile sales on cyber Monday totaled $1.07 billion, a 34 percent year-over-year increase, according to Adobe Digital Insights.

In other business headlines, home prices in the United States are back at record highs. They have completely made up all of the ground lost during the housing bust in 2008 and 2009.

The S and P Case Shiller Index said the average home price in the United States was just slightly above the previous high in July 2006.

For more business headlines from Jane King at the Nasdaq, watch Daybreak Monday through Friday.