Here’s the latest from Zillow today:
Median home values across the nation rose 8.7 percent over the past year to $215,600, according to the April Zillow Real Estate Market Report
– Home values across the U.S. are rising at their fastest pace since June 2006.
– The median U.S. home value is $215,600, up 8.7 percent over the past year.
– Home values are rising the fastest in San Jose, Calif., Las Vegas and Seattle. San Jose home values appreciated 26 percent since last April.
– Median U.S. rent rose 2.5 percent over the past year to $1,449. California markets Sacramento and Riverside reported the greatest increases in median rent.