Economy

US Home Prices See Biggest Gain in 7 Yearsi
X
June 25, 2013 11:01 PM
A new report confirms U.S. home prices are on the rise. Of 20 major cities in the Standard & Poor’s/Case Schiller home price index - 12 posted double digit gains in April, compared to last year. Industry experts say prices will continue to rise due to smaller inventories but some say tight lending standards and rising interest rates could put a damper on the housing recovery. Mil Arcega has more for VOA.

US Home Prices See Biggest Gain in 7 Years

Published June 25, 2013

A new report confirms U.S. home prices are on the rise. Of 20 major cities in the Standard & Poor’s/Case Schiller home price index - 12 posted double digit gains in April, compared to last year. Industry experts say prices will continue to rise due to smaller inventories but some say tight lending standards and rising interest rates could put a damper on the housing recovery. Mil Arcega has more for VOA.


You May Like

Video Analysts: Beijing Parade a 'Bazaar' of Stolen Technology

Show commemorating victory over Japan in World War II involved long, medium and short range missiles, a range of tanks and 200 fighter aircraft More

Bernie Sanders Surge Reflects US Shift on Socialism

Although most analysts say it is unlikely he will get the Democratic nomination, Sanders' campaign opens up questions and issues that are otherwise marginalized More

Video On IS Frontline, Kurdish Fighters Ready for Offensive

Peshmerga soldiers say although they need more heavy artillery, they are poised to take the fight to the Islamic State extremists on their turf More