Real Estate, Community News & More from My Desk to Yours

Thursday, May 2, 2013

Largest Increase in U.S. Home Prices in 7 Years

Home prices across the nation rose by 9.3% in February from a year ago, the highest increase since May 2006, possibly due to an increasing number of homebuyers and a limited supply of inventory. Miami's price gain was even greater at 10.4% over last year, according to the Standard & Poor's/Case-Shiller home price index. Read the USA Today article.