Last week, the S&P/Case-Shiller Index showed home prices gaining 5.5 percent during the 12-month period ending November 2012, marking the largest one-year gain in home prices since May 2010.
The Case-Shiller Index showed home prices gaining 4.3 percent during the 12-month period ending October 2012.
According to the S&P/Case-Shiller Index, which was released earlier this week, U.S. home prices rose in September for the sixth straight month, climbing 0.3% as compared to the month prior.
Home value rose to close out the summer, according to the S&P/Case-Shiller Index, an oft-cited home-valuation tracker.
Nearly five-and-one-half years after April 2007 -- the housing market's national peak -- prices are finally beginning to rebound.