Feb
28

Home Prices in 20 U.S. Cities Climbed at Faster Pace in December

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Home prices in 20 U.S. cities rose in the 12 months through December at the fastest pace in almost a year, while nationwide the gain in values was the biggest since 2014, according to S&P CoreLogic Case-Shiller data reported Tuesday.

Key Points

  • 20-city property values index advanced 5.6 percent from December 2015 (forecast was 5.4 percent) after climbing 5.2 percent in the year through November
  • National home-price gauge climbed 5.8 percent in the 12 months through December, the most since June 2014
  • The seasonally adjusted 20-city measure rose 0.9 percent from a month earlier (forecast was 0.7 percent)…

Home Prices in 20 U.S. Cities Climbed at Faster Pace in December

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