31-05-2016 15:00 via feedproxy.google.com

Home prices rise more than expected in March

Home prices rose more than expected in March, according to the S&P/Case-Shiller home price index. 
Prices in 20 major cities rose 0.85% month-over-month and 5.43% year-over-year.
Economists had forecast that the 20-city index rose 0.75% month-on-month, according to Bloomberg. Compared to last year, they forecast a 5.11% rise.
The price gains for February were revised higher. 
Prices rose the most in Portland, Seattle and Denver compared to last ye
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