Home prices in February posted their first annual increase since the end of 2006, lifted by temporary tax credits for homebuyers.

The Standard & Poor’s/ Case- Shiller home price index eked out a gain of 0.6 percent, but that was half the increase analysts had expected.  On a more cautionary note, 11 of the 20 cities tracked by the index showed declines from February last year.

Annual Rise in Home Price Index is a post from: Austin Real Estate Agent