Urban Real Estate

Home Prices Hit New High

Home Prices Hit New High

More good news for home owners and sellers: March saw a 5.8 percent annual gain year-over-year on national home prices, according to the latest report from the S&P CoreLogic Case-Shiller U.S. National Home Price Index.

That's up from the 5.7 percent increase reported in February. 

“Home prices continue rising with the S&P Corelogic Case-Shiller National Index up 5.8% in the year ended March, the fastest pace in almost three years,” David M. Blitzer, Managing Director and Chairman of the Index Committee at S&P Dow Jones Indices, said in a statement published in Chicago Agent Magazine. “While there is some regional variation, prices are rising across the United States. Half of the 20 cities tracked by the S&P Corelogic Case-Shiller indices rose more than 6 [percent] from March 2016 to March 2017.”

Read more at Chicago Agent Magazine here.