According to the S&P CoreLogic Case-Shiller National Home Price Index, home prices in December rose 3.8% annually. Up 3.5% from the November reported gain. The cities reporting the largest gains in December were: Charlotte, with a 5.3% increase, Phoenix, with a 6.5% increase and Tampa, with a 5.2% increase. The 20-city composite rose 2.9% in December, up from 2.5% in November. The 10-city composite increased 2.4% annually, up from 2% in November.
FEA compiles the Wood Markets News from various 3rd party sources to provide readers with the latest news impacting forest product markets. Opinions or views expressed in these articles do not necessarily represent those of FEA.