A potential buyer walks in to view a home for sale during an open house in Parkland, Florida on May 25, 2021. Carline Jean | Tribune News Service | Getty ImagesSteep competition in the housing market and low supply are heating up home prices again.Nationally, home prices in March were 0.7% higher than March 2022, S&P CoreLogic Case-Shiller Indices said Tuesday.”The modest increases in home prices we saw a month ago accelerated in March 2023,” said Craig J. Lazzara, managing director at S&P DJI, in a release. “Two months of increasing prices do not a definitive recovery make, but March’s results suggest that the decline in home prices that began in June 2022 may have come to an end.”The 10-city composite, which includes the Los Angeles and New York metropolitan areas, dropped 0.8% year over year, compared with a 0.5% increase in the previous month. The 20-cit …
