Nov
29
Home Prices in 20 U.S. Cities Climbed 5.1% in September
ByHome prices in 20 U.S. cities continued to climb in September, while a gauge of values nationwide exceeded the pre-recession peak, according to S&P CoreLogic Case-Shiller data released Tuesday.
Key Points
- 20-city property values index rose 5.1 percent from September 2015 (forecast was 5.2 percent) after a similar gain in the year through August
- National home-price gauge increased 5.5 percent from 12 months earlier, to a record 184.8; the previous peak in 2006 was 184.6
- On a monthly basis, the seasonally adjusted 20-city gauge rose 0.4 percent from prior month after a 0.3 percent advance…