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By Lisa Mahapatra - U.S. home prices hit rock bottom in March 2012, when the Case-Shiller U.S. average fell nearly 35 percent from it’s peak in June 2006.
A little over a year and half later, the index gained 11. 3 percent in a single year -- the largest annual increase since 2005. The Case-Shiller U.S. Average currently stands at 150.39, still a ways from it’s peak in June 2006 of 189.93.
The Case-Shiller 20-City Composite, which tracks single-family home prices in 20 large metropolitan area, posted slightly higher gains than the U.S. average, increased 13.4 percent year-over-year.
Here’s a chart that looks at the individual gains of each of the 20 cities in the Case-Shiller composite:
