Wednesday, April 1, 2015

U.S. home prices increase but can you afford it?

WASHINGTON -- U.S. home price increases continued to rise at a steady pace in January, as the housing market deals with affordability problems and few properties listed for sale.


The Standard & Poor's/Case-Shiller 20-city home price index rose 4.6 percent in January compared with 12 months earlier, S&P said Tuesday.


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