Steel Markets
February 27, 2018
Case Shiller Home Price Index up 6.3% in December
Written by Sandy Williams
Home prices jumped 6.3 percent in December, according to the latest data from the S&P CoreLogic Case Shiller U.S. National Home Price NSA Index. The 10-city composite increase was 6.0 percent, unchanged from November. The 20-city composite posted a 6.3 percent year-over-year gain, compared to 6.4 percent the previous month.
On a month-over-month basis, home prices rose 0.2 percent on the National Index and both city composites. After seasonal adjustment, the National Index posted a 0.7 percent gain and both composites a 0.6 percent gain.
