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4/26, 3:04 PM (Source: TeleTrader)
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US house prices up 19.8% in February - S&P/Case-Shiller

House prices in the United States increased by 19.8% in February on a yearly basis, according to a report by S&P CoreLogic Case-Shiller on Tuesday. The figure was up from a growth of 19.1% growth reported in January and came in above estimates.

The 10-city composite annual increase came in at 18.6%, while the monthly increase was 2.4%. The 20-city composite posted a 20.2% year-over-year gain.

The highest yearly price rises were recorded in Phoenix at 32.9%, Tampa at 32.6% and Miami at 29.7%.

Baha Breaking News (BBN) / NP