Wednesday, October 22nd, 2014

Home Prices On The Rise

Home-Prices-UpSurveys show U.S. home prices rose 10.5 percent in March compared with a year ago, the biggest gain since March 2006. 

Prices are rising in part because more buyers are bidding on a limited supply of homes for sale. 

Prices increased in 46 states over the past year – 11 of them posting double-digit gains.  Arizona was third overall with a 16.8 percent increase.  Home prices also rose 1.9 percent in March from February, signaling a solid start to the spring buying season.

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