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US home prices post biggest gain since 2006

A sold sign in front of a newly built home in Miami, Florida. US home prices posted the largest annual gain since 2006 in March in fresh evidence that the housing recovery is gaining traction, according to a closely watched report released Tuesday.US home prices posted the largest annual gain since 2006 in March in fresh evidence that the housing recovery is gaining traction, according to a closely watched report released Tuesday. The S&P/Case-Shiller 20-city price index rose a non-seasonally adjusted 1.4 percent in March from February, which had a modest 0.3 percent gain.