Feb
28
Home Prices in 20 U.S. Cities Climbed at Faster Pace in December
ByHome 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