home prices rise - Articles

Home Prices See Biggest Monthly Gain Since 2000

By Christopher S. Rugaber WASHINGTON -- U.S. home prices jumped 12.1 percent in April from a year ago, buoyed by strong demand and a limited supply of available homes. Strong gains in most cities measured point to a broad-based housing recovery. The Standard & Poor's/Case-Shiller 20-city home price index released... Continue Reading »

Home Price Rise 'Unsustainable,' Realtors Report Says

By Diana Olick For six straight months, home prices have been leaping in double digits from a year ago. In May, the median existing home sale price was 15.4 percent higher nationally than May of 2012, according to a new report from the National Association of Realtors. The Realtors themselves say that kind of jump is... Continue Reading »

Rising Home Prices Keep Lifting Underwater Mortgages, Report Says

More homeowners got out from underwater on their mortgages in the first quarter as a recovery in housing lifted prices, a report from CoreLogic showed on Wednesday. There were 9.7 million properties underwater -- whose owners owed more on the mortgage than the homes were worth -- during the quarter, down from 10.5 million... Continue Reading »

Case-Shiller: Home Prices See Biggest Jump in 7 Years

By Christopher S. Rugaber WASHINGTON -- U.S. home prices jumped 10.9 percent in March compared with a year ago, the most since April 2006. A growing number of buyers are bidding on a tight supply of homes, driving prices higher and helping the housing market recover. The Standard & Poor's/Case-Shiller home price index... Continue Reading »

March Home Prices Show Biggest Gain in 7 Years, CoreLogic Says

By Christopher S. Rugaber WASHINGTON -- A survey shows U.S. home prices rose 10.5 percent in March compared with a year ago, the biggest gain since March 2006. CoreLogic, a real estate data provider, said Tuesday that annual home prices have now increased for 13 straight months. Prices are rising in part because more... Continue Reading »

Home Prices Post Best Yearly Increase Since 2006

U.S. single-family home prices rose in January, starting the year with the biggest annual increase in 6½ years in a fresh sign that the housing market recovery remains on track, a closely watched survey showed on Tuesday. The S&P/Case Shiller composite index of 20 metropolitan areas gained 1 percent... Continue Reading »

Home Prices Post Biggest Gain in 6 Years

By Shanthi Bhaharatwaj Home prices rose 8.3 percent in December from a year earlier, the biggest gain since May 2006, according to CoreLogic. All but four states -- Pennsylvania, New Jersey, Illinois and Delaware -- posted increases. Prices rose 0.4 percent in December from November, the 10th consecutive monthly... Continue Reading »

Home Prices in October Post Highest Annual Increase in 2 Years: Case-Shiller Home Price Index

WASHINGTON (AP) - US home prices rose in most major cities in October compared with a year ago, pushed up by rising sales and a decline in the supply of available homes. Higher prices show the housing market is improving even as it moves into the more dormant fall and winter sales period. The Standard &... Continue Reading »

Home Prices Rise 6.3% in October, Most in 6 Years

By Christopher S. Rugaber WASHINGTON -- A measure of 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 once-battered housing market. Core Logic also said Tuesday that prices declined 0.2 percent in October from... Continue Reading »

Home Prices Increase in Most Major U.S. Cities

By Christopher S. Rugaber WASHINGTON -- Home prices increased in September in most major U.S. cities, more evidence of a housing recovery that is providing a lift to the fragile economy. Standard & Poor's/Case-Shiller reported Tuesday that its 20-city index of home prices rose 3 percent in September compared with the... Continue Reading »

7 Cities Where Home Prices Are Jumping

By Mamta Badkar National home prices are expected to rise 1.7 percent from the third quarter of 2012 to Q3 2013, according to Zillow's latest report. In fact, Zillow finds that 183 of the 252 markets surveyed have hit a bottom, but the recovery has differed in different parts of the country. We drew on the Zillow report... Continue Reading »

Case-Shiller Index June 2012: Home Prices Rise for 3rd Straight Month

By Martin Crutsinger WASHINGTON -- U.S. home prices rose in June from the same month last year, the first year-over-year increase since the summer of 2010. The increase is the latest evidence of a nascent recovery in the housing market. The Standard & Poor's/Case-Shiller home price index released Tuesday showed a... Continue Reading »

Home Values Rising for 1st Time in 5 Years, Zillow Report Says

By Les Christie NEW YORK -- Home prices hit a bottom and are finally bouncing back, according to an industry report released Tuesday. Nationwide, home values rose 0.2 percent year-over-year to a median $149,300 during the second quarter, the first annual increase since 2007, real estate listing site Zillow reported.... Continue Reading »

Underwater Mortgages Keeping Housing Market Afloat?

The more than 20 percent of U.S. homeowners stuck with "underwater" mortgages may be in a rough spot -- but, believe it or not, that may be giving a boost to the housing market. Though negative equity is forcing millions to stay put in homes that are worth less than their mortgages, it means fewer properties are going... Continue Reading »

Case Shiller: Home Prices Up, But Don't Celebrate Yet

WASHINGTON -- Home prices rose for a fourth straight month in most major U.S. cities in July, buoyed by seasonal buying. But the housing market remains depressed, and prices are expected to decline in the coming months. The Standard & Poor's/Case-Shiller index released Tuesday showed home prices increased in July from... Continue Reading »

Dallas Home Prices Rope Up

Sales of existing single-family homes in North Texas slid 11 percent in January, or so everyone is reporting. But median Dallas home prices rose 8 percent over value a year ago, this data from the Texas A&M Real Estate Center. Almost every expert in town is pointing the finger of blame for the fall in home sales to... Continue Reading »

Case-Shiller: Home Prices Remain Lower but Stable

Home prices have risen since 2009, but those gains petered out after the homebuyer tax credits expired this year, according to the latest Case-Shiller Composite 20 home price index. Standard & Poor's, which publishes the index, also reported that home prices nationally rose 3.2 percent in July 2010 over the same month... Continue Reading »

Home Prices Alert: Values Rose 1.3% from Previous Month in May

Spring certainly sprang this year when it came to residential real estate values. For the second month in a row, home prices increased from April to May. The S&P/Case-Shiller 20-City index showed on Tuesday that 19 out of the 20 cities it tracks registered price gains for May, including Minneapolis (2.8 percent) and... Continue Reading »

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