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Home prices rise 12.2 percent, best in 6 years
WASHINGTON — U.S. home prices jumped 12.2 percent in May compared with a year ago, the biggest annual gain since March 2006. The increase shows the housing recovery is strengthening. The Standard & Poor’s/Case-Shiller 20-city home price index released Tuesday also surged 2.4 percent in May from April. The month-over-month gain nearly matched the 2.6 […]
Home prices up 9.3 pct., most in nearly 7 years
U.S. home prices rose 9.3 percent in February compared with a year ago, the most in nearly seven years. The gains were driven by a growing number of buyers who bid on a limited supply of homes. The Standard & Poor’s/Case-Shiller 20-city home price index increased from an 8.1 percent year-over-year gain in January. And […]
Home prices rise 8.1 pct., most since June 2006
WASHINGTON — U.S. home prices rose in January at the fastest annual pace since June 2006, just before the housing bubble burst. The gain shows the housing recovery is strengthening ahead of the all-important spring buying season. The Standard & Poor’s/Case-Shiller 20-city home price index climbed 8.1 percent in the 12 months ending in January. […]
New-home sales jump to highest in 4½ years
WASHINGTON — U.S. new-home sales jumped in January from the previous month to the highest level since July 2008, a sign that the housing recovery is accelerating. The Commerce Department said Tuesday that new-home sales rose nearly 16 percent in January to a seasonally adjusted annual rate of 437,000. The percentage increase was the largest […]
Home prices accelerate in November
U.S. home prices accelerated in November compared with a year ago, pushed higher by rising sales and a tighter supply of available homes. The Standard & Poor’s/Case-Shiller 20-city home price index rose 5.5 percent in November compared with the same month a year ago. That’s the largest year-over-year gain in six years. All but one […]
Home prices increase in most major U.S. cities
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 same month last year. Prices also gained 3.6 […]
Home prices rise in August at faster pace
WASHINGTON — Home prices rose in August in nearly all U.S. cities, and many of the markets hit hardest during the crisis are starting to show sustained gains. The increases are the latest evidence of a steady housing recovery. The Standard & Poor’s/Case Shiller index reported Tuesday that national home prices increased 2 percent in […]
Measure of home prices rises by most in 6 years
WASHINGTON — A measure of U.S. home prices jumped 4.6 percent in August compared with a year ago, the largest year-over-year increase in more than six years. CoreLogic, a private real estate data provider, also said Tuesday that prices rose 0.3 percent in August from July, the sixth straight monthly gain. Steady price increases, combined […]
Home prices rose in July in 20 major U.S. cities
WASHINGTON — Home prices kept rising in July across the United States, buoyed by greater sales and fewer foreclosures. National home prices increased 1.2 percent in July, compared to the same month last year, according to the Standard & Poor’s/Case Shiller index released Tuesday. That’s the second straight year-over-year gain after two years without one. […]
Consumer confidence jumps to 7-month high
NEW YORK — Americans’ confidence in the economy jumped this month to the highest level since February, bolstered by a brighter outlook for overall business conditions and hiring. The Conference Board said Tuesday that its Consumer Confidence Index rose to 70.3. That’s up from 61.3 in August, which was revised higher. And it’s the highest […]
Home prices rise in July by most in 6 years
WASHINGTON — U.S. home prices jumped 3.8 percent in the 12 months ending in July, according to a private real estate data provider. The year-over-year increase was the biggest in six years, further evidence that the housing market is steadily recovering. CoreLogic said Tuesday that home prices also rose 1.3 percent in July from June. […]
U.S. foreclosure sales fall as banks temper their approach
LOS ANGELES — Sales of bank-owned homes and those already on the foreclosure path fell sharply in the second quarter, reflecting a thinner slate of properties for sale in many cities as banks take a measured approach to placing homes on the market. Even so, foreclosure sales’ share of all U.S. home purchases grew in […]
