By Marco Santarelli
Zillow's 2nd quarter Real Estate Market Report, released today, show home values increased 2.4% from the first quarter of 2013 to quarter two of 2013 to $161,100. ? This quarter marks the biggest yearly gain since Aug 2006 and biggest quarterly gain since quarter 4 of 2005. On an annual basis, the Zillow Home Worth Index (ZHVI) rose 5.8% from June 2012 levels.
Monthly appreciation remains strong with state home values growing by 0.9% from May. Not only did the speed of home price appreciation quicken in Q2, but the recovery...