Home Prices Post Biggest Jump Since 2006 | WAMU 88.5 - American University Radio

NPR : News

Filed Under:

Home Prices Post Biggest Jump Since 2006

Home prices in major cities across the nation were up 10.9 percent in March from March 2012, the biggest year-over-year increase since April 2006, according to the data trackers who put together the S&P/Case-Shiller Home Price Indices.

Their surveys show that:

-- While prices rose 10.9 percent on average across 20 metropolitan areas, the strongest gains were in Phoenix (22.5 percent), San Francisco (22.2 percent) and Las Vegas (20.6 percent).

-- The smallest increases were in New York City (2.6 percent),
Cleveland (4.8 percent) and Boston (6.7 percent).

Tuesday's news follows many other signs in recent months that the housing sector has bounced back from a long decline that began when its so-called bubble burst in 2007. Last week on All Things Considered, NPR's Adam Davidson talked about how it's now irrefutable that housing is on the rise again.

Copyright 2013 NPR. To see more, visit http://www.npr.org/.

NPR

From Sizzling Fajitas To The Super Bowl, How Sounds Help Sell

Joel Beckerman is a composer who specializes in sonic branding. His new book is called The Sonic Boom: How Sound Transforms the Way We Think, Feel, and Buy.
NPR

Sandwich Monday: The Primanti Bros. Pitts-burger

For this week's Sandwich Monday, we try a sandwich from the famous Primanti Bros. of Pittsburgh.
NPR

Close Iowa Senate Race Could Come Down To How Women Vote

Joni Ernst, who's an officer in the Iowa Army National Guard, presents herself as a mother, soldier, leader. But many women aren't responding to that.
NPR

Tunisia's Emerging Tech Sector Hampered By Old Policies

When Tunisia's young people protested in 2011, they had one key demand: jobs. Now, despite new political leadership, that demand remains unmet — even in tech, the sector that offers the most promise.

Leave a Comment

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