U.S. home prices continue to rise, new data show

A home for sale in Washington, DC. Photo credit should read SAUL LOEB/AFP/Getty Images.

By Troy McMullen | Forbes

Home prices in nearly ever region of the country showed continues strength in March.

Data released today by S&P CoreLogic Case-Shiller showed a 5.8% annual gain in March, up from 5.7% last month and setting a 33-month high. The 10-City Composite and the 20-City Composite indices came in at 5.2% and 5.9% annual increases, respectively, unchanged from last month.

Seattle, Portland, and Dallas reported the highest year-over-year gains among the 20 cities. In March, Seattle led the way with a 12.3% year-over-year price increase, followed by Portland with 9.2%, and Dallas with an 8.6% increase. Ten cities reported higher price increases in the year ending March 2017 than in the year ending February 2017.

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