Top 10 Cities With Rising Home Prices

Case-Shiller Index for September shows more promising data

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Housing Prices Top 10 Cities With Rising Home Prices

Today, more data was added to the pile of proof that a housing recovery is indeed under way.

The Case-Shiller Home Price Index, which covers roughly half of U.S homes, showed that prices rose again during September — their sixth consecutive monthly increase.

For the 20-city composite index, prices gained 3% year-over-year vs. a 2% gain in August. Only Chicago and New York suffered annual declines, and even Atlanta — where prices have fallen for 26 straight months — posted a slight increase.

As David Blitzer, chairman of the index committee, put it: “It is safe to say that we are now in the midst of a recovery in the housing market.”

Let’s take a look at the 10 cities in the composite index with the largest annual gains in prices this September:


Article printed from InvestorPlace Media, http://investorplace.com/2012/11/top-10-cities-with-rising-home-prices/.

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