(Las Vegas, NV) — New home price numbers are out. The latest S&P/Case Shiller Home Price Indices shows prices are increasing but at a lower pace.
Year-to-year prices are up almost 17% , the month-to-month up 1.1%.
S&P/Case-Shiller Vice-President Craig Lazarra says now might be a good time to buy. Lazarra says with prices increasing and the chance of increased mortgage rates, if you’re thinking about buying it may be wise to act sooner rather than later.