June 28, 2016

THE ECONOMY WON'T BE AN ISSUE:

With the supply of homes slight, US prices surged in April (JOSH BOAK, 6/28/16,AP)

U.S. home prices scaled new heights in April, with seven cities -- Boston, Charlotte, Dallas, Denver, San Francisco, Seattle and Portland, Oregon -- setting highs.

The Standard & Poor's/Case-Shiller 20-city home price index rose 5.4 percent in April compared with a year earlier, just below the 5.5 percent year-over-year gain posted in March.

Home values are now just 9.6 percent below their peak set nearly a decade ago, according to the report released Tuesday.

Posted by at June 28, 2016 8:48 PM

  

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