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Home Prices in U.S. Rise by Most Since 2006 in March

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Tue, 28 May 13 6:20 PM | 29 view(s)
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Home Prices in U.S. Rise by Most Since 2006 in March
By Lorraine Woellert - May 28, 2013 9:16 AM ET ..

Home prices rose in the 12 months through March by the most in seven years as the recovery in residential real estate gained momentum.

The S&P/Case-Shiller index of property values increased 10.9 percent from March 2012, the biggest 12-month gain since April 2006, after advancing 9.4 percent in February, a report showed today in New York. The median projection of 30 economists surveyed by Bloomberg called for a 10.2 percent advance.

more@ Bloomberg.com

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