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US Home Prices Increase Most in 6-year Period

US Home Prices Increase Most in 6-year Period
A measure of U.S. home prices jumped 5 percent in September compared with a year ago, the largest year-over-year increase since July 2006.

A measure of U.S. home prices jumped 5 percent in September compared with a year ago, the largest year-over-year increase since July 2006. Prices have risen in all but seven states.

The gain reported by the Associated Press on November 6 offered more evidence of a sustainable housing recovery.

(READ the AP story in Washington Post)

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