Home prices on the rise

Tuesday, March 26, 2013 - 10:46pm

More positive news for the housing market with impressive January home sales.

Home prices rose 8.1% in January, marking the biggest gain since 2006.

That's according to the The S&P Case-Shiller index, which tracks prices across the 20 largest markets in the nation.

Phoenix saw the biggest gains last year, with home prices up 23%.

Prices were up more than 10% in San Francisco, Las Vegas, Detroit, Atlanta, Minneapolis, Los Angeles and Miami.


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