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S&P Corelogic Case-Shiller Index Reports 4.8% Annual Home Price Gain In July

From spglobal.com

S&P Dow Jones Indices today released the latest results for the S&P CoreLogic Case-Shiller Indices, the leading measure of U.S. home prices. Data released today for July 2020 show that home prices continue to increase at a modest rate across the U.S. More than 27 years of history are available for these data series, and can be accessed in full by going to [video]www.spdji.com[/video]. Please note that transaction records for March, April, May and June 2020 for Wayne County, MI are now available. Due to delays at the local recording office caused by the COVID-19 lockdown, S&P Dow Jones Indices and CoreLogic ... (full story)

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Home prices rose 4.8% in July, according to Case-Shiller index

From cnbc.com

Strong demand from homebuyers in July, coupled with rock-bottom mortgage interest rates, caused home prices to accelerate in major markets across the nation. Nationally, home values rose 4.8% annually, up from a 4.3% gain in June, according to the S&P CoreLogic Case-Shiller U.S. National Home Price Index. The 10-City Composite annual increase showed a 3.3% gain, up from 2.8% in the previous month. The 20-City Composite rose 3.9% annually, up from 3.5% in June. Detroit was not included in the series, due to data collection issues, so it covered just 19 cities. Phoenix, Seattle and Charlotte reported the highest ... (full story)

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