TribLIVE

| Business

 
Larger text Larger text Smaller text Smaller text | Order Photo Reprints

Survey: Local home prices hit records in summer

Email Newsletters

Click here to sign up for one of our email newsletters.

On the Grid

From the shale fields to the cooling towers, Trib Total Media covers the energy industry in Western Pennsylvania and beyond. For the latest news and views on gas, coal, electricity and more, check out On the Grid today.

'American Coyotes' Series

Traveling by Jeep, boat and foot, Tribune-Review investigative reporter Carl Prine and photojournalist Justin Merriman covered nearly 2,000 miles over two months along the border with Mexico to report on coyotes — the human traffickers who bring illegal immigrants into the United States. Most are Americans working for money and/or drugs. This series reports how their operations have a major impact on life for residents and the environment along the border — and beyond.

By Julie Schmit USA Today
Tuesday, Oct. 9, 2012, 12:01 a.m.
 

As home prices begin to edge up after largely falling for years, prices in a smattering of cities are at all-time highs, new data show.

More than 100 metropolitan areas hit their peak home prices in July and a few in June, according to data through July from mortgage tracker Lender Processing Services. Those areas include Pittsburgh and Anchorage.

Fifty other areas are within 2 percent of their previous peaks, LPS' home price index shows. Examples: Austin; Denver and Boulder, Colo.; Indianapolis; and Portland, Maine.

Some of the markets have risen in tandem with growing local economies, especially those built on strong energy and agricultural business.

Subscribe today! Click here for our subscription offers.

 

 


Show commenting policy

Most-Read Business Headlines

  1. U.S. Steel joins major producers in new dumping complaint
  2. Consol Energy reports deep loss, bigger Utica results
  3. Leisure, hospitality lead Pittsburgh area job gains
  4. Ambridge’s PittMoss takes off with help from TV show, Mt. Lebanon native Cuban
  5. Muni bond funds stressed
  6. Bayer sets sights beyond aspirin
  7. Plummeting natural gas prices slash revenue of Marcellus shale producers
  8. U.S. Steel to debut oil, gas pipeline connector
  9. Alcoa among 13 firms in $140B carbon-footprint pledge
  10. Federal safety regulators go into bulldog mode on how automakers handle recalls
  11. Israel’s Teva drops bid for Mylan, buys Allergan for $40.5B