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US home prices rose 11.9% in February, fastest since 2014 | News, Sports, Jobs


Apr 28, 2021
WASHINGTON (AP) U.S. home prices rose in February at the fastest pace in nearly seven years as strong demand for housing collided with a tight supply of homes on the market.
The February S&P CoreLogic Case-Shiller 20-city home price index, released Tuesday, rose 11.9% from a year earlier, the biggest gain since March 2014. The index had also surged 11.1% in January. The February gain was about what economists had expected.
Prices rose in all 20 cities, led by year-over-year gains of 17.4% in Phoenix, 17% in San Diego and 15.4% in Seattle. Chicago (up 8.6%) and Las Vegas (up 9.1%) registered the smallest gains. The broader Case-Shiller national home price index rose 12% the biggest gain since February 2006. ....

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PTC has new executive vice president, chief strategy officer


PTC has new executive vice president, chief strategy officer
Updated April 27, 2021, 2 hours ago
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PTC has new executive vice president, chief strategy officer
Boston engineering software firm PTC has promoted Catherine Kniker to be executive vice president and chief strategy officer, to take over for Kathleen Mitford, who was recruited away by Microsoft. Mitford is joining the Redmond, Wash.-based software giant, a key business partner of PTC’s, as a corporate vice president in its Azure Marketing division. PTC chief executive Jim Heppelmann said he looks forward to working with Mitford in her new role after working together at PTC for 15 years to shape its growth. As chief strategy officer, Mitford oversaw corporate development, strategic alliances, and academic programs. Kniker, her replacement, joined PTC in 2016 as chief revenue officer, and later moved into a new role managing its alliances with key corporate partners, includ ....

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