Home Price Gains Continued Through October, Fastest Rate in 6 Years
Dec 29 2020, 9:46AM
The headline for the October S&P CoreLogic Case-Shiller
home price report is yet
another month of escalating gains. The National Home
Price Index which covers all nine U.S. census divisions posted an annual
increase of 8.4 percent compared to a 7.0 percent change in September. The
National Index posted a 1.4 percent month-over-month increase before seasonal
adjustment and 1.7 percent afterward.
The 10-City Composite Index
was
up 7.5 percent from the previous October and the 20-City Composite
grew by
7.9 percent. Their September gains were 6.2 percent and 6.6 percent,
respectively. The 10-City index was up 1.4 percent before seasonal adjustment and