Nightly News   |  April 30, 2013

Home prices on the rise

With fewer new listings, home prices are going up in all 20 of the nation’s biggest cities. NBC’s Brian Williams reports.

Share This:

This content comes from Closed Captioning that was broadcast along with this program.

>>> new numbers out tonight about home prices . the highest annual jump in nearly seven years. 9.3% according to one closely watched index. and that's in all 20 of the biggest cities in this country. one reason prices are rising so fast? inventory, pure and simple. there is very little out there to buy. with fewer new listings than we see, especially during this time of year.