Today the S&P Case-Shiller index announced that home prices in 20 major markets posted a 9.3% rise during the last 12 months. The increasing pace of home prices continued through February revealing the biggest 12-month gain in the index since May 2006, which is also the biggest gain since the height of the housing bubble.

“Despite some recent mixed economic reports for March, housing continues to be one of the brighter spots in the economy,” said chairman of the index committee at S&P Dow Jones Indices, David Blitzer.

Prices were in a constant decline almost every month over a five-year period through May 2012. Since then, home prices have risen each month courtesy of a number of factors such as new record-low mortgage rates and a decrease in foreclosures and unemployment rates. These positive changes have increased the sales of both new homes and existing homes.

As reported by the Case-Shiller index, every market posted an increase for the second straight month. Phoenix experienced the biggest improvement, which is a market that was also hit hard after the housing bubble collapsed. Phoenix experienced a 23% increase from the previous year. Many markets also experienced increases of more than 10% including San Francisco, Las Vegas, Atlanta, Detroit, Los Angeles, Minneapolis, Miami, San Diego and Tampa.

Source: CNN Money

569 thoughts on “Home Prices Pick Up Speed

  1. Pingback: clicking here
  2. Pingback: more helpful hints
  3. Pingback: visit site
  4. Pingback: gunnar
  5. Pingback: how you can help
  6. Pingback: linked webpage
  7. Pingback: weight loss by hcg
  8. Pingback: homeopathic diet
  9. Pingback: hcg reviews
  10. Pingback: diet fat burning
  11. Pingback: weight loss diet
  12. Pingback: hcg diet Program
  13. Pingback:
  14. Pingback:
  15. Pingback: nose job app
  16. Pingback: chloe love lotion
  17. Pingback: article marketing
  18. Pingback: fake tans
  19. Pingback: diet information
  20. Pingback: academic camp
  21. Pingback: fat loss 4 idiots
  22. Pingback: nose job or not
  23. Pingback: visit the website
  24. Pingback: nose job nyc cost
  25. Pingback: Boca Raton Cpat
  26. Pingback: bandage dress
  27. Pingback: aarp activation
  28. Pingback: best hcg drops
  29. Pingback: kenny rogers
  30. Pingback: Diet Doc
  31. Pingback: visit this page
  32. Pingback: Big men's clothing
  33. Pingback: chloe flint creek
  34. Pingback: acai berry trial
  35. Pingback: holiday stress
  36. Pingback: 21 drops
  37. Pingback: beauty treatment
  38. Pingback: ft lauderdale cpas
  39. Pingback: daffy duck costume
  40. Pingback: nose job yorkshire
  41. Pingback: frame drumming dvd
  42. Pingback: entertainment news
  43. Pingback: Weight Loss Pills
  44. Pingback: Reality Television
  45. Pingback: look at more info
  46. Pingback: Losing Weight
  47. Pingback: west palm mover
  48. Pingback: hcg weight therapy
  49. Pingback: market share
  50. Pingback: low calorie diets
  51. Pingback: linked web-site
  52. Pingback: lasercap laser cap
  53. Pingback: igrow2
  54. Pingback: tan
  55. Pingback: cajon cases
  56. Pingback: warnings about hcg
  57. Pingback: teen mom news
  58. Pingback: much more music
  59. Pingback: best gradual tans
  60. Pingback: what is hcg diet
  61. Pingback: deck stain
  62. Pingback: movers miami beach
  63. Pingback: try here
  64. Pingback: hcg dieters
  65. Pingback: Rican James Avery
  66. Pingback: your input here
  67. Pingback: nose job san diego
  68. Pingback: hcg diet plan
  69. Pingback: top fake tans
  70. Pingback: read more here
  71. Pingback: Laser Cap
  72. Pingback: nose job tester
  73. Pingback: legal credit rep
  74. Pingback: bard davol
  75. Pingback: nnos studios
  76. Pingback: biggest loser
  77. Pingback: make money online
  78. Pingback: hair trends
  79. Pingback: saleforiphone

Comments are closed.