The Bani Group Inc.

Home Price Index Gains 5.5%: 

The S&P/Case-Shiller 20-city composite posted that home prices were 5.5% higher than during the same period in the prior year, for the strongest year-over-year growth since August 2006, with increases in 19 of 20 cities.

Housing is clearly recovering, with positive trends for new- and existing-home sales. However, prices remain 30% below a bubble peak in 2006, according to Case-Shiller data.  That means that there is still an excellent opportunity to select your next home while home prices still have room to move upward.