Tuesday, November 27, 2012

Home prices gain the biggest percentage in over 2 years

CNN.com reported today that S&P/Case-Shiller index shows a 3.6% increase in home values nationwide from a year earlier in the third quarter.  This is the biggest jump in prices since teh 2nd quarter of 2010.

Across the U.S., prices increased in 18 of 20 cities. Phoenix prices jumped 20.4 percent over that stretch to lead all cities.

See the whole story here.

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