US Home Prices Rise 12.4 Pct., Most In 7½ Years - NBC Right Now/KNDO/KNDU Tri-Cities, Yakima, WA |

US Home Prices Rise 12.4 Pct., Most In 7½ Years

Posted: Updated:

WASHINGTON (AP) - U.S. home prices rose 12.4 percent in July compared with a year ago, the most since February 2006. An increase in sales on a limited supply of available homes drove the gains.
    
The Standard &Poor's/Case-Shiller 20-city home price index improved from a 12.1 percent year-over-year gain in June. And all 20 cities posted gains in July from the previous month and compared with a year ago.
    
Still, the month-over-month price gains shrank in 15 cities in July compared with the previous month, indicating prices may be peaking.
    
Home prices soared 27.5 percent in Las Vegas from a year earlier, the largest gain. San Francisco's 24.8 percent jump was the second largest and the biggest yearly return for that city since March 2001.

(Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)

HD DOPPLER 6i
/
  • National NewsMore>>

  • Mad Minute stories from Friday, May 26th

    Mad Minute stories from Friday, May 26th

    Saturday, May 27 2017 2:00 AM EDT2017-05-27 06:00:13 GMT

    Here are the extended versions of the KHQ Local News 11 at 11 Mad Minute stories from Friday, May 26th.

    More >>

    Here are the extended versions of the KHQ Local News 11 at 11 Mad Minute stories from Friday, May 26th.

    More >>
  • $10,000 bill for getting car stuck in newly poured concrete

    $10,000 bill for getting car stuck in newly poured concrete

    Saturday, May 27 2017 1:02 AM EDT2017-05-27 05:02:32 GMT
    (Mike Palm, The City of Lincoln Public Works and Utilities Department via AP)(Mike Palm, The City of Lincoln Public Works and Utilities Department via AP)

    LINCOLN, Neb,. (AP) - A driver could be facing a $10,000 bill after he plowed into newly poured concrete in Lincoln, Nebraska, and became stuck.      The accident occurred Wednesday on a portion of a road repair project in the state capital. Police spokeswoman Angela Sands said Friday that police won't cite the driver, 19-year-old Shadrach Yasiah. A police incident report says it wasn't obvious that the concrete wasn't dry and that Yasiah 

    More >>

    LINCOLN, Neb,. (AP) - A driver could be facing a $10,000 bill after he plowed into newly poured concrete in Lincoln, Nebraska, and became stuck.      The accident occurred Wednesday on a portion of a road repair project in the state capital. Police spokeswoman Angela Sands said Friday that police won't cite the driver, 19-year-old Shadrach Yasiah. A police incident report says it wasn't obvious that the concrete wasn't dry and that Yasiah 

    More >>
  • Russian bankers sue BuzzFeed over unverified Trump dossier

    Russian bankers sue BuzzFeed over unverified Trump dossier

    Friday, May 26 2017 9:02 PM EDT2017-05-27 01:02:03 GMT

    NEW YORK (AP) - The owners of a Russian bank are suing BuzzFeed for publishing an uncorroborated dossier that alleged they were part of a Russian scheme to influence the 2016 U.S. presidential election. Mikhail Fridman, Petr Aven and German Khan of Alfa Bank filed the defamation lawsuit Friday in Manhattan. They are seeking unspecified damages from BuzzFeed, editor-in-chief Ben Smith, reporter Ken Bensinger and editors Miriam Elder and Mark Schoofs. The ...

    More >>

    NEW YORK (AP) - The owners of a Russian bank are suing BuzzFeed for publishing an uncorroborated dossier that alleged they were part of a Russian scheme to influence the 2016 U.S. presidential election. Mikhail Fridman, Petr Aven and German Khan of Alfa Bank filed the defamation lawsuit Friday in Manhattan. They are seeking unspecified damages from BuzzFeed, editor-in-chief Ben Smith, reporter Ken Bensinger and editors Miriam Elder and Mark Schoofs. The ...

    More >>