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Existing Home Sales Hit Highest Peak in Over Three Years

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Data through November 2012, released by S&P Dow Jones Indices for its S&P/Case-Shiller Home Price Indices showed home prices rose 4.5 percent for the 10-City Composite and 5.5 percent for the 20-City Composite in the 12 months ending in November 2012. In the 12 months ended in November, prices rose in 19 of the 20 cities and fell in New York. In 19 cities prices rose faster in the 12 months to November than in the 12 months to October; Cleveland prices rose at the same pace in both time periods.Click to continue


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