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According to the S&P/Case-Shiller Home Price Indices, home prices grew impressively in January. The 20-city home price Index grew by 8.1% from January 2012-January 2013. S&P Dow Jones chairman of the Index Committee David M. Blitzer said, “economic data continue to support the housing recovery.” Blitzer also stated ““single-family home building permits and housing starts posted double-digit year-over-year increases in February 2013. Despite a slight uptick in Foreclosure filings, numbers are still down 25 percent year-over-year.” More here
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