NYC-area home prices UP - Rava Realty

NYC-area home prices UP

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U.S. home prices jumped 9.7 percent in January from the same month in 2012 and  NYC properties grew at even a slightly higher rate, according to new report released by CoreLogic. This nationwide figure, which included distressed sales, marked the 11th consecutive monthly increase and the biggest  since April 2006. In the New York metropolitan area, which includes White Plains and Wayne, N.J., home prices with distressed sales factored in rose 11.1 percent year-over-year in January.

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