Tag Archives: Home prices shot up in 2012: S&P/Case-Shiller

Home prices rose in 19 of the 20 U.S. cities studied by Standard & Poor’s for the S&P/Case-Shiller Home Price Indices, falling only in New York, for the 12-month period ending in November. The 20-city composite index rose 5.5% during the 12-month period, while the Case-Shiller’s 10-city composite index rose 4.5%. Bloomberg noted that November home prices grew the most in six years, suggesting a significant market turnaround in 2012. The recovering market of Phoenix experienced rapid price appreciation, with home prices jumping 22.8% for the 12-month period ending in […]