Rochester New York Real Estate

Five Questions: Why Home Prices Are Rising

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Thursday, September 27, 2012

In this article from the Wall Street Journal - Home prices through July posted their largest year-to-date rise since 2005, according to the S&P/Case-Shiller index covering 20 major metropolitan areas.  Prices rose by 5.9% from the end of last year, according to the index, compared with a 0.4% gain for the same period last year and a 2.1% gain in 2010, when tax credits fueled a burst of home sales activity.
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