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Home Price Index Shows Gains in 20 Largest US Cities

Source: USA Today | Nation | August 1, 2012

Housing prices have now risen for the last year in more than half of major U.S. cities, marking a milestone in the historic housing collapse that set off the 2007-2009 recession and now may be nearing an end. The S&P/Case-Shiller home price index rose 2.2% in May, beating economists' forecasts, as all 20 of the nation's largest metropolitan areas posted gains from April.

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