Case-Shiller Indices Show Strongest Gain Since 2006

Home prices posted their strongest year-over-year gain in almost seven years in March, as the 10- and 20-city indices rose 10.3 and 10.9 percent according to the Case Shiller Home Price Indexes released Tuesday. The national index, reported quarterly, was up 10.2 percent, also the sharpest year-year gain since 2006.

Prices increased in 15 of the 20 cities surveyed, falling in two and unchanged in the remaining three.

Mores details to follow.

DSNews Mark Lieberman, Five Star Institute Economist 5/28/13