Home Prices Up 10.5% Year-Over-Year as Buying Season Arrives

Home prices increased by 10.5 percent in March compared to a year ago, marking the biggest annual gain since March 2006 and the 13th straight jump in prices, according to CoreLogic’s new update.

The 10.5 percent annual gain includes distressed sales, such as short sales and real-estate owned (REOs). But if you exclude such transactions, home prices surged by nearly the same amount,  10.7 percent year-over-year….

To Read More: http://ecreditdaily.com/2013/05/home-prices-105-yearoveryear-buying-season-arrives/

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