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Home Prices Post Biggest Jump Since 2006

Home prices in major cities across the nation were up 10.9 percent in March from March 2012, the biggest year-over-year increase since April 2006, according to the data trackers who put together the S&P/Case-Shiller Home Price Indices.

Their surveys show that:

-- While prices rose 10.9 percent on average across 20 metropolitan areas, the strongest gains were in Phoenix (22.5 percent), San Francisco (22.2 percent) and Las Vegas (20.6 percent).

-- The smallest increases were in New York City (2.6 percent),
Cleveland (4.8 percent) and Boston (6.7 percent).

Tuesday's news follows many other signs in recent months that the housing sector has bounced back from a long decline that began when its so-called bubble burst in 2007. Last week on All Things Considered, NPR's Adam Davidson talked about how it's now irrefutable that housing is on the rise again.

Copyright 2013 NPR. To see more, visit http://www.npr.org/.

NPR

After Sketchy Science, Shark Week Promises To Turn Over A New Fin

Shark Week is here, and scientists are afraid. Not of the toothy swimmers — but of inaccuracies, bad science and the demonization of animals that aren't as ferocious as Discovery Channel has made out.
NPR

Do Try This At Home: 3 Korean Banchan (Side Dishes) In One Pot

If you've ever eaten at a Korean restaurant, you're used to the endless side dishes that come out with the meal. They're called banchan, and they're remarkably simple to make for yourself.
WAMU 88.5

Cutting Local Taxes in The District

The D.C. Council has taken steps to accelerate tax cuts for all income earners. They're part of a broader overhaul of the city's tax levels, but some council members argued there wasn't enough time for a rigorous debate about the new schedule. We explore the debate over cutting taxes for D.C. residents and how it affects the city's ability to pay for critical local services.

NPR

Reddit CEO Says Miscommunication Led To Blackout Protest

A user revolt briefly shut down the social site last week after a key employee was dismissed. Interim CEO Ellen Pao says the company has "apologized for not communicating better" with site moderators.

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