Apr
25
Home Prices in 20 U.S. Cities Accelerate for a Fifth Month
ByHome prices in 20 U.S. cities accelerated in the year through February for a fifth month, while nationwide property values also picked up, according to S&P CoreLogic Case-Shiller data reported Tuesday.
Key Points
- 20-city property values index climbed 5.9 percent from February 2016 (forecast was 5.8 percent), the fastest since July 2014, after increasing 5.7 percent in the year through January
- National home-price gauge rose 5.8 percent in the 12 months through February
- Seasonally adjusted 20-city index advanced 0.7 percent from a month earlier (matching the Bloomberg survey median)…
Home Prices in 20 U.S. Cities Accelerate for a Fifth Month
