Annual home prices climbed briskly in March, according to the S&P CoreLogic Case-Shiller US National Home Price NSA Index
The S&P National Composite Index, covering all nine U.S. Census Divisions, marked its tenth consecutive month of accelerating prices with a 13.2% gain from year-ago levels, up from 12.0% in February.
This increase was last exceeded 15 years ago in December 2005, "and lies very comfortably in the top decile of historical performance," Craig J. Lazzara, managing director and global head of Index Investment Strategy at S&P DJI, says in prepared remarks.
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
