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Average Home Prices Jump $18,000

Average Home Prices Jump $18,000

| Jan 29, 2014 | Housing Market

According to newly released data, U.S. home prices increased from November to December by 0.3% and 8.5% from one year prior. The average November home price was up approximately $18,000 from November 2012, averaging $232,000. The state of Florida led the U.S. in monthly home price increases while Las Vegas home prices jumped almost 24% from the end of 2012. Colorado and Texas also showed annual home price gains. Additionally, national U.S. home prices averaged 13.9%. More here

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