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FEB 26, 2013 - Yahoo! News

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U.S. home prices cap year with biggest rise since 2006

NEW YORK (Reuters) - U.S. home prices closed out 2012 with the biggest annual gain in more than six years while sales of new homes spiked in January, the latest sign that the long-suffering housing market was on the mend, data showed on Tuesday. American consumers, meanwhile, grew more optimistic in February even as payroll taxes rose and about $85 billion worth of government spending cuts were due to take effect on March 1. "The numbers are all pretty strong. ...

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