Last week, the S&P/Case-Shiller Index showed home prices gaining 5.5 percent during the 12-month period ending November 2012, marking the largest one-year gain in home prices since May 2010.
According to the S&P/Case-Shiller Index, which was released earlier this week, U.S. home prices rose in September for the sixth straight month, climbing 0.3% as compared to the month prior.
Home value rose to close out the summer, according to the S&P/Case-Shiller Index, an oft-cited home-valuation tracker.
Nearly five-and-one-half years after April 2007 — the housing market’s national peak — prices are finally beginning to rebound.
According to the Standard & Poor’s Case-Shiller Index, home prices rose 6.9% between the first and second quarter of 2012, the largest quarter-to-quarter gain since the home-value tracker’s 1987 inception.
All 20 Case-Shiller Index markets improved between April and May 2012.
According to the March Case-Shiller Index, home values rose in 12 of 20 tracked markets, and one remained unchanged.
According to the Federal Home Finance Agency’s Home Price Index, home prices rose a seasonally-adjusted 0.3 percent between January and February 2012.
Recent data suggests that the U.S. housing market is in recovery, albeit an uneven one.
Standard & Poors released its December 2011 Case-Shiller Index this week.