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Nevada Home Prices Spike In March

(Las Vegas, NV) — Nevada led all states with a 22.2 percent gain in home prices for the month of March.

A survey by real estate data provider Core Logic says its survey shows home prices nationwide rose 10.5 percent in March compared with a year ago, the biggest gain since March 2006.

Prices increased in 46 states over the past year — 11 of them posting double-digit gains. And when excluding distressed sales, prices rose in every state.

Home prices also rose 1.9 percent in March from February, signaling a solid start to the spring buying season

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