Business Latest News: Home Prices Rise by Most in Seven Years in May: CoreLogic

wochit business
July 02, 2013 AT 10:06 AM
Home prices racked up their biggest annual gain in more than seven years in May, with more increases expected through the summer months as the sector continues to mend. Prices rose 2.6 percent from April and were up 12.2 percent compared to May last year, the biggest year-over-year increase since February 2006.