Posted: Jun 28, 2011 9:04 AM by Greg Boyce
WASHINGTON (AP) - For the first time in eight months, home prices in major U.S. cities are on the rise. They got a boost from the annual flurry of spring buyers. The Standard & Poor's/Case-Shiller home-price index finds that prices rose in 13 of the 20 cities tracked. Washington, D.C., saw the biggest price
increases, followed by San Francisco, Atlanta and Seattle.
Still, six metro areas are at their lowest levels in the nearly four years. Those markets are: Charlotte, Chicago, Detroit, Las Vegas, Miami and Tampa.