Case-Shiller Home Price Index shows some improvements in first quarter of 2012
By Jeff Zagoudis, Associate Editor
May 30, 2012
Home prices have gone up the most in Phoenix over the last year, according to the Case-Shiller Home Price Index, rising 6.1 percent.
The latest release of the quarterly Case-Shiller Home Price Index reveals that seven of the 20 metropolitan areas surveyed saw higher home prices than in the first quarter of 2011, offering hope for sustained recovery in these markets.
The seven cities with the greatest annual increase in home prices are: