business news

US Home Prices Rise for 35th Straight Month

Published by: Kelly Curtis on 27th May 2015 | View all blogs by Kelly Curtis

US Home Prices Rise for 35th Straight Month

US home values continued to rise in March, surging 5 percent from the same month a year earlier, according to the S&P.Case-Shiller index of home prices, issued Tuesday. Of the 20 cities tracked by the measure, San Francisco showed the biggest price gains, at 10.3 percent, followed by Denver. The Colorado capital saw prices rise 10 percent from March 2014, narrowly edging out the price growth in the number 3 city, Dallas. Prices also rose from February, edging up 0.8 percent across the 20 cities, and San Frnacisco again led the way with a 3 percent surge in home prices. Home prices have now risen for 35 consecutive months, according to the S&P/Case-Shiller index, and each of the 20 cities tracked by the measure have posted year-over-year gains in every month since the end of 2012.  

Comments

0 Comments

     
Please login or sign up to post on this network.
Click here to sign up now.