House Prices Up 4.9%

Thank you Janet Yellen.

S&P Dow Jones Indices has released the most recent S&P/Case-Shiller Home Price Indexes data. The 20-city composite gained an average of 4.9% year over year for the 12-month  period ending April 2015.

Denver and San Francisco had the highest year-over-year gains in home prices. The highest price increases were in Denver at 10.3% and then San Francisco at 10.0%. Coming in at third place was Dallas, which reported an 8.8% year-over-year gain.

 -RW