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 This material may not be published, broadcast, rewritten or redistributed.)

  • National NewsMore>>

  • Battle rages in Gaza City

    Battle rages in Gaza City

    Sunday, July 20 2014 2:12 PM EDT2014-07-20 18:12:41 GMT
    GAZA CITY, Gaza Strip (AP) - It's the deadliest day yet of Israel's 3-day-old ground offensive in Gaza. Palestinian health officials say at least 65 people were killed as Israeli troops backed by tanks and warplanes battled Hamas militants in a crowded neighborhood of Gaza City.Thousands have fled the city and dozens of homes were damaged or destroyed. Palestinian health officials put the number of displaced at 35,000.More >>
    GAZA CITY, Gaza Strip (AP) - It's the deadliest day yet of Israel's 3-day-old ground offensive in Gaza. Palestinian health officials say at least 65 people were killed as Israeli troops backed by tanks and warplanes battled Hamas militants in a crowded neighborhood of Gaza City.Thousands have fled the city and dozens of homes were damaged or destroyed. Palestinian health officials put the number of displaced at 35,000.More >>
  • Feds: Man said he'd blow up London-to-LA plane

    Feds: Man said he'd blow up London-to-LA plane

    Thursday, July 17 2014 12:52 AM EDT2014-07-17 04:52:07 GMT
    LOS ANGELES (AP) - A federal criminal complaint says a passenger on a flight this week from London to Los Angeles threatened to kill flight attendants and blow up the plane.The FBI says 20-year-old Kevin Lee Mosele of Kihei, Hawaii, was charged Tuesday with interfering with a flight crew. He could get 20 years in federal prison if convicted.More >>
    LOS ANGELES (AP) - A federal criminal complaint says a passenger on a flight this week from London to Los Angeles threatened to kill flight attendants and blow up the plane.The FBI says 20-year-old Kevin Lee Mosele of Kihei, Hawaii, was charged Tuesday with interfering with a flight crew. He could get 20 years in federal prison if convicted.More >>
  • Las Vegas doctor will help girl attacked by pit bull

    Las Vegas doctor will help girl attacked by pit bull

    Monday, June 23 2014 8:58 PM EDT2014-06-24 00:58:54 GMT
    JACKSON, Miss. - A Las Vegas doctor deeply touched by the story of the little girl who was asked to leave KFC because of the scars on her face, has decided to pay it forward. Victoria Wilcher was the victim of a pit bull attack that left her with multiple scars all over her face and only one eye.More >>
    JACKSON, Miss. - A Las Vegas doctor deeply touched by the story of the little girl who was asked to leave KFC because of the scars on her face, has decided to pay it forward. Victoria Wilcher was the victim of a pit bull attack that left her with multiple scars all over her face and only one eye.More >>
Powered by WorldNow
All content © Copyright 2000 - 2014 WorldNow and KHQ. All Rights Reserved. For more information on this site, please read our Privacy Policy and Terms of Service.