Home prices rose in May by the most in more than seven years as the recovery in U.S. residential real estate gained momentum. The S&P/Case-Shiller index of property values climbed 12.2 percent from.
US home prices rise most since 2006.. The S&P/Case-Shiller index is based on a three-month average, which means the March data were influenced by transactions in January and February.
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Single-family home prices. The S&P/Case-Shiller index of home values jumped 5.5 percent from November 2011, slightly missing projections from economists but still the largest year-over-year gain.
NEW YORK (Reuters) – Home prices accelerated by the most. The S&P/Case Shiller composite index of 20 metropolitan areas climbed 10.9 percent year over year, beating expectations for 10.2 percent..
The average sales price on homes in the process of foreclosure or already owned by banks rose 7 percent in the second quarter from a year earlier, the biggest annual increase since 2006. The.
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Still, it was the biggest annual gain since March 2006, matching a record set in April. The report was unlikely to alter economists’ views that the housing sector continues to recover, making it a.
Home Prices Jump 9.3% in Quickest Rise Since 2006; Gains Seen Across Country. Prices increased 9.3% in February from a year earlier while mortgage-interest rates hovered near record lows, according to the Standard & Poor’s/Case-Shiller index that tracks home prices in 20 major metropolitan areas. All 20 cities posted year-over-year gains for the second consecutive month, which hasn’t happened.
Home prices are up for. according to the closely followed S&P/Case-Shiller index. The 3.6% increase from a year earlier is more than three times the rise in the previous quarter and was the biggest.
· Home prices rise 5.5% compared to a year earlier, the biggest rise since housing bubble days.
U.S. home prices advanced almost 11 percent in the year through March, the biggest 12-month gain since April 2006, according to the S&P/Case-Shiller index of values. the brunt of the housing bust.
U.S. home prices posted their strongest gains since 2006, as the housing recovery continued to gain steam. Prices on the S&P/Case-Shiller national index rose. with a 22.5% jump. san francisco.