Home Values Rise in U.S. for First Time Since 2010

http://www.bloomberg.com/news/2012-08-28/home-prices-in-u-s-cities-increased-0-5-in-year-ended-june-1-.html

Home prices in 20 U.S. cities climbed in June for the first time since a tax credit boosted sales in 2010, indicating the industry at the heart of the worst recession in the post-World War II era is starting to rebound.

The S&P/Case-Shiller index increased 0.5 percent from June 2011 after falling 0.7 percent in the year to May, a report from the group showed today in New York. The last 12-month increase took place in September 2010. Nationally, prices jumped last quarter by the most in more than six years.