Home prices posted gains in December

02/6/2013 | Reuters · Washington Post, The

Home prices climbed 0.4% from November to December, according to data from CoreLogic. They rose 8.3% from the year-ago level, the largest gain in six years. "The upward trend in home prices in 2012 was broad-based, with 46 of 50 states registering gains for the year," said Anand Nallathambi, CoreLogic CEO and president. "All signals point to a continued improvement in the fundamentals underpinning the U.S. housing market recovery."

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