Home prices jump 12.1% in April, biggest year-to-year gain since ’06

Posted: June 26, 2013 at 3:47 a.m.

A gardener trims the lawn of a house for sale in Alhambra, Calif., in May. U.S. home prices rose 12.1 percent in April, compared to April 2012.

Prices for U.S. homes rose in April, posting record monthly growth and the fastest year-over-year growth in seven years, according to Standard & Poor’s / Case-Shiller data released Tuesday.

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