Posted June 4, 2012 by Rogers Healy

Highest Monthly Increase in Home Values Since 2006

Zillow issued a release Friday reporting that both national home values and rents rose in the month of April.

According to the April Zillow Real Estate Market Reports, national home values rose 0.7 percent in April to a Zillow Home Value Index of $147,300.  This is the largest monthly increase in home values since January 2006, and it makes April the Second month in a row in which home values climbed up.

Foreclosures also continued to decline in April, with 6.8 out of every 10,000 homes being foreclosed across the U.S. That figure is down from 8 out of every 10,000 in March.

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