Mar
28
Home Prices in 20 U.S. Cities Rise at Fastest Pace Since 2014
ByHome prices in 20 U.S. cities climbed in the 12 months through January at the fastest pace since July 2014, while nationwide the increase in property values also accelerated, according to S&P CoreLogic Case-Shiller data reported Tuesday.
Key Points
- 20-city property values index rose 5.7 percent from January 2016 (forecast was 5.6 percent) after increasing 5.5 percent in the year through December
- National home-price gauge increased 5.9 percent in the 12 months through January
- Seasonally adjusted 20-city index advanced 0.9 percent from a month earlier (forecast was 0.7 percent)…
Home Prices in 20 U.S. Cities Rise at Fastest Pace Since 2014
