Home Prices Increased More In 2013 Than In Any Year Since 2005 [CHART]

 @lisamahapatra
on February 25 2014 12:01 PM

U.S. home prices hit rock-bottom in March 2012, when the Case-Shiller U.S. average fell nearly 35 percent from its peak in June 2006.

Now, a little over a year and half later, it's quite a different story: The index gained 11.3 percent in the past year, the largest annual increase since 2005. The Case-Shiller U.S. average currently stands at 150.39, a positive gain but still a ways from that June 2006 peak of 189.93.

The Case-Shiller 20-City Composite, which tracks single-family home prices in 20 large metropolitan areas, posted slightly higher gains than the U.S. average, increasing 13.4 percent year-over-year.

Here’s a chart that looks at the individual gains of each of the 20 cities in the Case-Shiller composite:

CASE SHILLER-01 Case-Shiller 20-City Composite.  IBTimes/Lisa Mahapatra

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