Pursuits
Home Prices in 20 U.S. Cities Increase at Steady Pace
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Home values in 20 U.S. cities steadied in the year ended December, putting residential real estate on healthier footing to contribute to the economic expansion.
The S&P/Case-Shiller index of property values increased 5.7 percent from December 2014, the same as in the year ended November, the group said Tuesday in New York. The median projection of 27 economists surveyed by Bloomberg called for a 5.8 percent advance. Nationally, prices rose 5.4 percent year-over-year.