Home price increases in 20 US cities, at a glance

US home price increases in 20 cities in February, compared with a year ago, at a glance

Associated Press

U.S. home prices rose 9.3 percent in February compared with a year ago, the most in nearly seven years. The gains were driven by a growing number of buyers who bid on a limited supply of homes.

The Standard & Poor's/Case-Shiller 20-city home price index also showed Tuesday that prices rose in February on an annual basis in all 20 cities for a second month in a row.

The index was pushed higher by big gains in several cities, such as Phoenix and Las Vegas, where prices fell hardest during the housing bust. Those increases likely skewed the overall index, some economists said.

Gains in many other cities have been slower. Here are the increases in home prices in the past 12 months for all 20 cities in the index:

City 12-month change (pct.)
Phoenix 23.0 %
San Francisco 18.9 %
Las Vegas 17.6 %
Atlanta 16.5 %
Detroit 15.2 %
Los Angeles 14.1 %
Minneapolis 12.0 %
Miami 10.4 %
San Diego 10.2 %
Tampa, Fl. 10.0 %
Denver 9.9 %
Portland, Ore. 9.4 %
Seattle 9.3 %
Dallas 7.1 %
Washington, D.C. 6.9 %
Charlotte, N.C. 6.2 %
Cleveland 5.3 %
Boston 5.2 %
Chicago 5.1 %
New York 1.9 %
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