Inman News
28 May 2013
“Home Prices See Strong Gains in the First Quarter of 2013 According to the S&P/Case-Shiller Home Price Indices” says S&P Dow Indices/McGraw Hill Financial in a Press Release today.
March Home Prices posted their highest annual gains since 2006.
The S&P/Case-Shiller 20-City Composite index was up 10.9 percent in March from a year ago with all cities tracked by the index registering gains. Month over month, prices increased 1.4 percent.
Phoenix showed the largest annual increase at 22.5 percent followed by San Francisco with 22.2 percent and Las Vegas with 20.6 percent.