U.S. Home Prices Jump at Fastest Pace in more than 30 years in April

If you're looking to buy a home, you may want to hold off for a bit.

  • U.S. home prices reportedly jumped at the highest pace in April, the fastest in more than 30 years.
  • A 20-city price index released on Tuesday shows that the jump was 15% up from April of last year.
  • Five of the 20 cities-Cleveland, Charlotte, Dallas, Denver, and Seattle-had the biggest 12 month increase in prices.
  • Have you been looking to buy a home recently? Is the high costs keeping you from committing to buying a home?

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