Case-Shiller Indices Show Strongest Gain Since 2006

Home prices posted their strongest year-over-year gain in almost seven years in March, as the 10- and 20-city indices rose 10.3 and 10.9 percent according to the Case Shiller Home Price Indexes released Tuesday. The national index, reported quarterly, was up 10.2 percent, also the sharpest year-year gain since 2006.

Prices increased in 15 of the 20 cities surveyed, falling in two and unchanged in the remaining three.

Mores details to follow.