Home-Price Growth in Key US Cities Accelerates as Buyers Hit
- San Diego and New York posted some of the biggest gains
- The Northeast has been a ‘top performer’ for price growth
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Home-price growth in 20 major US cities picked up pace in March, pressuring buyers as the key selling season kicks into gear.
Prices in a measure of 20 cities increased 7.4% from a year earlier, larger than the 7.3% annual gain in February, an S&P CoreLogic Case-Shiller index shows.