Home Prices Set Record Monthly Rise in April 2013 According to the S&P/Case-Shiller Home Price Indices

by Sabrina I. Pacifici on June 25, 2013

News release: “Data through April 2013, released today by S&P Dow Jones Indices for its S&P/Case-Shiller Home Price Indices, the leading measure of U.S. home prices, showed average home prices increased 11.6% and 12.1% for the 10-and 20-City Composites in the 12 months ending in April 2013. From March to April, the 10-and 20-City Composites rose 2.6% and 2.5%. All 20 cities and both Composites showed positive year-over-year returns for at least the fourth consecutive month. Atlanta, Dallas, Detroit and Minneapolis posted their highest annual gains since the start of their respective indices. On a monthly basis, all cities with the exception of Detroit posted positive change.”

Posted in Economy

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