Home prices in the U.S. surged by 20.6% in March from the same month last year as mortgage rates also jumped and averaged 5%. The year-over-year price increase is the highest in over 35 years data has been recorded, according to the S&P CoreLogic Case-Shiller US National Home Price Index. Home Prices SoarThe Case-Shiller 10-city composite increased by 19.5% in March, from 18.7% in February. Also, the 20-city composite jumped by 21.2% year-over-year. Tampa, Florida, saw the biggest increase (34.8%), knocking Phoenix (32.4%) from the first place with Miami trailing with a 32% increase. Q1 2022 h…