Case-Shiller: Despite economic growth, home price gains continue to lag
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The gain in the monthly Standard & Poor’s/Case-Shiller Home Price. lag. He was pleased by a recent appraisal one of his neighbors got. “The appraisal came back closer to what I bought my house for.
"At the currently lower pace of home price increases, prices are rising almost twice as fast as inflation: in the last 12 months, the S&P Corelogic Case-Shiller National Index is up 3.7%, double the 1.9% inflation rate," Blitzer continued.
The S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index, covering all nine U.S. census divisions, reported a 6.3% annual gain in February, up from 6.1% in the previous month. The 10-City Composite annual increase came in at 6.5%, up from 6.0% in the previous month.
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The S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index, covering all nine U.S. census divisions, reported a 6.3% annual gain in February, up from 6.1% in the previous month.
Home prices across the country are continuing a rise akin to the 15 years leading up to the 2008 financial crisis, according to the latest S&P CoreLogic Case-Shiller National Home Price NSA Index.
Home prices stepped up 6.2 percent in January, according to the S&P CoreLogic/Case-Shiller Indices. The S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index’s 10-City Composite, which.
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Case-Shiller: Despite economic growth, home price gains continue to lag. In March, annual home-price gains continued to slow across the nation, according to the latest Case-Shiller Home Price Index from S&P Dow Jones Indices and CoreLogic. Home prices in March increased 3.7% nationwide from a year ago, sliding from the 4% annualized gain in the previous month’s report.
Case Shiller Despite economic growth home price gains continue to lag In March, annual home-price gains continued to slow across the nation, according to the latest Case-Shiller Home Price Index from S&P Dow Jones Indices and CoreLogic .
"At the currently lower pace of home price increases, prices are rising almost twice as fast as inflation: in the last 12 months, the SP Corelogic Case-Shiller National Index is up 3.7%, double the 1.9% inflation rate," Blitzer continued. "Measured in real, inflation-adjusted terms, home prices today are rising at a 1.8% annual rate.