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New Home Price Numbers

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(Photo by Justin Sullivan/Getty Images)

(Photo by Justin Sullivan/Getty Images)

JoeG Joe Gillespie
Joe Gillespie News Director of  KXNT Morning News, the latest step in...
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(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.


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