Home prices near new peaks in many markets

USA TODAY:  Home prices in 10% of the nation’s top 200 housing markets have recently hit new peaks or are only a hair away, new data show.

Another 24 of the top markets are within 5% of their previous peaks, according to data provided to USA TODAY by real estate tracker Lender Processing Services.

Many of those cities are likely to hit new peaks this year, economists say, given projections for continued price increases…   (more)