For the first time ever, all top 100 markets tracked by Homes.com showed home price gains for single-family properties.
That compares to the last two reporting periods when 96 and 91 markets improved.
In addition to the Local Market Index, Homes.com released an exclusive Rebound Report, which highlights how the housing recovery process is unfolding throughout the country.
The April data revealed that 14 markets across the U.S. are completely recovered — an improvement from nine markets the month before. Additionally, 35 U.S. markets posted a rebound of 50% or more.
"The latest round of report findings supports a growing confidence in the housing market. With home prices posting the strongest gains in seven years, the Rebound Report is another indicator of a positive turn. In one month alone, we have seen five new markets reach recovery," said Brock MacLean, executive vice president of Homes.com.
He noted, "Adding to that momentum, all top 100 markets recorded gains for the first time, indicating the recovery continues to build across the country."
Honolulu remains the top gaining market on a year-over-year basis. Six of the top 10 monthly gaining markets are in the West, two are located in the South, and the Northeast and Midwest have one improving market each.