Blackstone Rushes $2.5 Billion Purchase as Homes Rise

Blackstone Rushes $2.5 Billion Purchase as Homes Rise

Laura Segall/Bloomberg

The S&P/Case-Shiller index of property values in 20 cities increased 4.3 percent in the 12 months through October, the biggest 12-month advance since May 2010, the group said last month in New York.