Real Estate
US Home Prices Recover Further as Buyers Battle for Tight Supply of Listings
- Inventory shortage crimps sales in busiest season for deals
- Miami, Chicago, Atlanta post biggest year-over-year gains
Homes in Miramar, Florida.
Photographer: Joe Raedle/Getty ImagesThis article is for subscribers only.
Home prices in the US rose for a third straight month, pushed up by growing buyer demand for a tight supply of listings.
A national gauge of prices increased 0.5% in April from March, according to seasonally adjusted data from S&P CoreLogic Case-Shiller.