Home Prices Score Highest Annual Gain Since 2006 - WSJ.com

Home prices are rising at the fastest rate in seven years, with some communities seeing double-digit gains, as buyers are returning to a market where the number of properties for sale is in short supply.

Housing prices are up by double digits in Miami and several other markets over the past year. Here, a prospective sale in Miami earlier this year.

The U.S. housing recovery continues as home prices grew at their highest annual growth rate since 2006, according to the S&P/Case-Shiller survey. Nick Timiraos has details. Photo: AP.

5 Takeaways

From the outlook for price increases to performance during the seasonal slowdown, here are five takeaways from the report.

 

via online.wsj.com

Related articles

Case-Shiller Home Price Indices Post Highest Growth Rates Since 2006

Retirement worry is highest in 23 years

For the first time in seven years, both CoreLogic home price indexes posted double-digit annual gains in March

Home Prices Are Climbing At The Fastest Pace Since March 2006