Home prices in the United States jumped by the most in over seven years in March, as a growing number of eager buyers competed for a dwindling supply of housing stock.
The March Case-Shiller 20-city home price index, released May 25, soared 13.3 percent in March on a year-over-year basis, the biggest gain since December 2013. That increase followed a 12 percent year-over-year rise in February.
