Jan. Home Prices See Biggest Jump Since 2006
Case-Shiller index points to 8.1% growth year-over-year
By Matt Cantor, Newser User
Posted Mar 26, 2013 10:05 AM CDT
In this Wednesday, Feb. 27, 2013, photo, a "for sale" sign is seen outside a home in Glenview, Ill.   (AP Photo/Nam Y. Huh)

(Newser) – Home prices jumped 8.1% this January compared to a year before, according to the 20-city Case-Shiller index. That beats economists' expectations of a 7.9% increase and marks the biggest year-over-year jump since the summer of 2006, the Wall Street Journal reports. In other words, it's "the highest increase since the housing bubble burst," says the head of Standard & Poor's index committee. The 10-city index saw a 7.3% year-over-year increase; both the 10- and 20-city indices saw seasonally-adjusted 1% increases between December and January.

More From Newser
My Take on This Story
To report an error on this story,
notify our editors.
Jan. Home Prices See Biggest Jump Since 2006 is...
4%
9%
0%
65%
13%
9%
Show results without voting
You Might Like
Comments
Showing 2 of 2 comments
Humanitys_Children
Mar 26, 2013 12:11 PM CDT
President Obama's has really been getting things done! With time and patience anything is possible!
Spudsy
Mar 26, 2013 10:22 AM CDT
More prices rising? Damn that Obama, he is ruining the country. We need huge drops in the cost of homes like Republican administrations so often deliver.