Case-Shiller – Home prices statt up in 2018

• March 27, 2018
• realestatelife
• Announcements, Business & Markets, Real Estate, Real Estate Finance, Your Real Estate Life

Home prices in the U.S. started 2018 on the rise, outpacing the rate of economic growth.

Standard & Poor’s said Tuesday that its S&P CoreLogic Case-Shiller national home price index reported a 6.2% annual gain in January, down slightly from 6.3% in December. The 20-City Composite rose 6.4% from a year ago, and after seasonal adjustment it posted a 0.8% month-over-month increase, beating analysts estimates of 0.6%. Low inventory of homes for sale continued to drive prices.

Since the market bottom in December 2012, the S&P Corelogic Case-Shiller National Home Price index has climbed at a 4.7% real – inflation adjusted – annual rate.