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updated: 7/2/2013 10:43 AM

U.S. home prices rise in May by most in 7 years

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  • U.S. home prices jumped 12.2 percent in May from a year ago, the most in seven years. The increase suggests the housing recovery is strengthening.

      U.S. home prices jumped 12.2 percent in May from a year ago, the most in seven years. The increase suggests the housing recovery is strengthening.
    Associated Press

 

U.s. home prices jumped 12.2 percent in may from a year ago, the most in seven years. the increase suggests the housing recovery is strengthening. real estate data provider corelogic said tuesday that home prices rose from a year ago in 48 states. they fell only in delaware and alabama. and all but three of the 100 largest cities reported price gains.

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