In Brief: Home Values Up 7.2% Since Early Last Year

U.S. homes were worth 7.2% more in the first quarter than a year earlier, according to a real estate information company.

Nevertheless, smaller increases in some regions signal a market slowdown in the coming months, said the company, First American Real Estate Solutions.

Its quarterly study tracks resale prices in the top 36 metropolitan areas.

Appreciation slowed from a year earlier in 16 areas, including New York, San Jose, Seattle, Atlanta, Philadelphia, and Tampa, but accelerated in Los Angeles, the top performer, and in six other metro areas, including Boston, Washington, and Orange County, Calif.

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