Home Prices Keep Soaring

Jul 29, 2013 by

Home Prices Keep Soaring

Home prices continued to gain steam in May according to a closely-watched reading, even as mortgage rates climbed.  The S&P/Case-Shiller home price index was up 12.2% compared to a year ago, slightly better than the 12.1% rise in April. It was the biggest year-over-year jump in prices since March 2006, near the peak of the housing bubble.  Read more


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