Tuesday, October 17, 2017
CLOSE
 
US home prices rise 8.1 pct., most since mid-2006
By Paul Wiseman, AP Economics Writer / Associated Press
Published March 26, 2013

 Photo By: Mark Lennihan, Associated Press

 

 

US home prices rise in January by most since mid-2006, as housing recovery strengthens

WASHINGTON (AP) — U.S. home prices rose in January at the fastest pace since the summer of 2006, just before the housing bubble burst. The gain shows the housing recovery is strengthening ahead of the 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 That’s up from a 6.8 annual gain in December. Prices rose in all 20 cities, led by a 23 percent gain in Phoenix.

Prices rose in 11 of 20 cities on a month-over-month basis. Those numbers are not seasonally adjusted and reflect the slower winter buying period.

 

 

 

Categories: National

Get the Los Angeles Sentinel App!


SEARCH:    

LA Sentinel
in your pocket:







Taste of Soul Sponsors

TOS-Cookbook-Web
© 2017 Los Angeles Sentinel All Rights Reserved • A Bakewell Media Publication

Contact UsAboutMedia KitCorrections & Misprints

Terms of ServicePrivacy Policy

LA Watts TimesTaste of Soul

Close / I'm already on the list

Subscribe Today!

Don't be limited anymore! Subscribe Now »

** Existing subscribers, please Login / Register for Digital »

Subscribe to The Los Angeles Sentinel for only $5.99 $3.99 per month, with 1 month free!

Relax in comfort each week as you read the printed newspaper on your own time, delivered weekly to your home or office. This subscription also includes UNLIMITED DIGITAL ACCESS for all of your devices. Includes FREE shipping! One easy payment of $3.99/month gets you:

Subscribe Now »

Enter For a Chance to Win!

HYUNDAI "Better" Contest at Taste of Soul Los Angeles