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April 25, 2018

Seattle No. 1 again as home prices jump 12.7%

  • But there are signs that the supply crunch could ease later this year as listings and home construction have picked up recently.
    • By CHRISTOPHER RUGABER
    AP Economics Writer

    WASHINGTON — U.S. home prices jumped in February as buyers compete fiercely over a dwindling number of properties for sale.

    The S&P CoreLogic Case-Shiller national home price index released Tuesday jumped 6.3 percent in February from a year earlier, matching December's increase. That jump was the largest in nearly three years.


     
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