LOS ANGELES (AP) — U.S. home prices jumped 12.4 percent in July from a year earlier, reflecting a housing market that's increasingly favoring sellers amid a tight supply of available homes for sale.
Real estate data provider CoreLogic said Tuesday that home prices in every state but Delaware climbed on annual basis in July.
Ninety-nine of the 100 largest cities reported annual price gains.
Home prices grew 27 percent in Nevada, to lead all states.
CoreLogic also says prices rose 1.8 percent from June, the 17th straight month-over-month increase.
Consistent job gains and mortgage rates that are still historically low despite recent upticks are spurring more people to buy homes.
That's helped drive prices higher.
CoreLogic says U.S. home prices are now within 18 percent of their peak levels reached in April of 2006.
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An Albuquerque Police officer involved shooting over the weekend marks the fifth since late October and city officials are taking notice.
A woman was stolen from her daughter's car, a woman who died more than five years ago.
Albuquerque police shot and killed a man Sunday night after responding to an assault call near UNM.
Deputies were led on a chase around 4 p.m. Monday after a person called 911 to report their vehicle had been stolen and was being driven recklessly around Albuquerque.
New Mexico could have hundreds of millions of dollars more to spend as legislators get ready to put together next year's budget in the upcoming legislative session.
Organizers of the Gildan New Mexico Bowl are hoping to shed the disappointing attendance numbers that weighed down the event last year when the Colorado State Rams and the Washington State Cougars face off Dec. 21.