U.S. home prices rose at a healthy pace in December compared with a year ago, driven higher by rising sales and a smaller supply of available homes. The Standard & Poor's/Case-Shiller 20-city home price index rose 6.8 percent year over year, up from a 5.5 percent annual gain in November.
U.S. home prices rose 8.3 percent in December compared with a year earlier, according to data Tuesday from CoreLogic, a real estate data provider. That is the biggest annual gain since May 2006. Prices rose last year in 46 of 50 states.
U.S. home prices rose 6.3 percent in October compared with a year ago, the largest yearly gain since July 2006. The jump adds to signs of a comeback in the housing market. But month-over-month, prices fell 0.2 percent in October from September, reflecting the end of the summer home-buying season.
Standard & Poor's/Case-Shiller reported Tuesday that its 20-city index of home prices rose 3 percent in September compared with the same month last year. Prices also gained 3.6 percent in the July-September quarter compared with the same quarter in 2011.
Home prices have finally started to inch higher. Builders are growing revenues again. But hold your applause: It may be too early to start calling this an actual housing recovery.
U.S. home prices jumped 3.8 percent in the 12 months ending in July, according to a private real estate data provider. The year-over-year increase is further evidence that the housing market is steadily recovering.
The Standard & Poor's/Case-Shiller home price index showed increases in all of the 20 cities tracked for a second consecutive month, an encouraging sign that the housing market is improving.
Home prices rose in May from April in every city tracked by the Standard & Poor's/Case-Shiller home price index, a sign that increasing sales and tight inventories are supporting a modest housing recovery.
Many people react to the news that Walmart is coming to their neighborhood with dismay. The "Bully of Bentonville" lays waste to local businesses, increases traffic, and can lead to higher crime rates. But here's a twist: Where Walmart builds, property values go up.
Home prices rose in nearly all major U.S. cities in April, further evidence that the housing market is slowly improving. According to the Standard & Poor's/Case-Shiller home price index, the only top 20 metro area to see prices fall was Detroit.
Home prices rose in March from February in most major U.S. cities for the first time in seven months. The Standard & Poor's/Case-Shiller home price index shows that prices increased in 12 of the 20 cities it tracks.
Home prices rose in August in half of major cities measured by a private survey, a sign that prices are stabilizing in some hard-hit portions of the country. The Standard & Poor's/Case-Shiller index showed Tuesday that prices increased in August from July in 10 of the 20 cities tracked.
With the Standard & Poor's downgrades, the declining stock market, the flat employment figures and Europe's fiscal woes, you might not expect much optimism in the housing market just now. But a few major metropolitan areas should see price increases in the next year, according to Fiserv.
Home prices rose in May for the second straight month as federal tax incentives pulled more buyers into the market. The Standard & Poor's/Case-Shiller 20-city home price index released Tuesday posted a 1.3 percent increase in May from April.