Asking prices for homes have increased 5.9 % from last year and are expected to continue to grow at a seasonally adjusted rated of 0.9%. According to the monthly report released by Trulia.com, a trusted online real estate site, 86 major metropolitan cities saw home prices rise in January. The report is made up of approximately 4.5 million for-rent and for-sale properties. March 2012 was the last time the U.S saw asking prices for homes this elevated. More here
