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Article updated: 12/4/2012 8:49 AM

U.S. home prices rise by most in 6 years, still down in IL

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A measure of U.S. home prices rose 6.3 percent in October compared with a year ago, the largest yearly gain since July 2006. The jump adds to signs of a comeback in the once-battered housing market.

Associated Press/October 2012

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A measure of U.S. home prices rose 6.3 percent in October compared with a year ago, the largest yearly gain since July 2006. The jump adds to signs of a comeback in the once-battered housing market. The five states where prices declined were: Illinois, Delaware, Rhode Island, New Jersey, and Alabama.
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