U.S. home prices continue upwards

Blog Post Image
Real Estate

WASHINGTON (AP) — U.S. home prices rose in April from a year earlier, lifted by bidding wars in many cities where would-be buyers fought over a sparse supply of homes.

The S&P CoreLogic Case-Shiller 20-city home price index moved up 6.6 percent from a year earlier, led by outsize gains in Seattle, Las Vegas and San Francisco. All three cities showed double-digit increases.

Seattle led the way with a 13.1 percent year-over-year price increase, followed by Las Vegas with a 12.7 percent increase and San Francisco with a 10.9 percent jump.

Click here for more information: http://komonews.com/news/nation-world/us-home-prices-march-upward-led-by-outsize-gains-in-seattle-vegas