Source: Julie Schmit, USA Today

A tight housing supply and investor buyers pushed up February home prices at their fastest monthly rate in eight years, but job growth is a factor, too.

In February, the three cities with the strongest price growth year-over-year all posted faster job growth than the national average, government data show.

"Prices are growing faster in markets with stronger job growth," says Jed Kolko, chief economist for real estate website Trulia.

Read Full Article: Rising home prices, job growth go hand-in-hand