Home Prices Increase at Fastest Annual Pace Since May 2006- Case Shiller

Posted by Bonnie Martin Designated Broker on Wednesday, May 1st, 2013 at 9:33am.

mortgagenewsdaily.com - Every city in the S&P Case-Shiller 20-City Composite Indexhas now posted annual increases for at least two consecutive months.  The February 2013 indices released this morning showed year-over-year prices in the 10-City Composite gained 8.6 percent and the 20-City Composite rose 9.3 percent.   In 16 of the 20 cities the annual growth rate rose in February compared to January and ten are now posting double digit positive changes.  

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