Tuesday, August 27, 2013

Home Prices in Texas, Colorado Hit New Highs in June via DSnews.com

As national home prices recover, Texas and Colorado are already busy setting new highs, data from Lender Processing Services, Inc. (LPS) revealed.

In June, national home prices rose to $229,000, representing a 1.2 percent gain from May, and a sharp 8.4 percent increase from a year ago, according to LPS’ Home Price Index (HPI). When compared to the index’s 2005 peak of $270,000, prices are still down 15.2 percent.

However, Colorado and Texas moved ahead of the national trend and hit new highs of $256,000 and $182,000, respectively.

Read more...Home Prices in Texas, Colorado Hit New Highs in June

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