NPR : News

Filed Under:

'Housing Recovery Is Gathering Strength,' New Report On Prices Signals

Home prices were up 4.3 percent in October from the same month a year before in the 20 major U.S. cities where the data are tracked, according to the latest S&P/Case-Shiller Home Price Indices report.

"Looking over this report, and considering other data on housing starts and sales, it is clear that the housing recovery is gathering strength," economist David Blitzer, , chairman of the Index Committee at S&P Dow Jones Indices, says in the report. "Higher year-over-year price gains plus strong performances in the southwest and California, regions that suffered during the housing bust, confirm that housing is now contributing to the economy."

The city-by-city changes in prices; October 2012 vs. October 2011:

Atlanta: 4.9 percent
Boston: 1.6 percent
Charlotte: 4.1 percent
Chicago: -1.3 percent
Cleveland: 1.8 percent

Dallas: 4.6 percent
Denver: 6.9 percent
Detroit: 10.0 percent
Las Vegas: 8.4 percent
Los Angeles: 6.2 percent

Miami: 8.5 percent
Minneapolis: 9.2 percent
New York: -1.2 percent
Phoenix: 21.7 percent
Portland: 5.2 percent

San Diego: 6.0 percent
San Francisco: 8.9 percent
Seattle: 5.7 percent
Tampa: 5.9 percent
Washington, D.C.: 4.4 percent

20-city composite: 4.3 percent

Copyright 2012 National Public Radio. To see more, visit


A Star-Crossed 'Scientific Fact': The Story Of Vulcan, Planet That Never Was

For decades, astronomers believed there was another planet in our solar system, tucked just out of sight. Then Albert Einstein figured out it wasn't there. Author Thomas Levenson explains.

Internet Food Culture Gives Rise To New 'Eatymology'

Internet food culture has brought us new words for nearly every gastronomical condition. The author of "Eatymology," parodist Josh Friedland, discusses "brogurt" with NPR's Rachel Martin.

2 Degrees In Paris: The Global Warming Set To Dominate Climate Conversation

As world leaders gather in Paris to talk about climate change, one phrase that will dominate conversations is "two degrees." Global leaders will discuss how to prevent global temperatures from warming by more than two degrees since the industrial revolution.

Payoffs For Prediction: Could Markets Help Identify Terrorism Risk?

In a terror prediction market, people would bet real money on the likelihood of attacks. NPR's Scott Simon speaks with Stephen Carter about whether such a market could predict — and deter — attacks.

Leave a Comment

Help keep the conversation civil. Please refer to our Terms of Use and Code of Conduct before posting your comments.