Home Prices in April Surge 14.6% Annually in New S&P CoreLogic Case-Shiller Home Price Index

According to the S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index, which covers all nine U.S. Census divisions, home prices experienced a 14.6% annual gain in April 2021, up from 13.3% in March. The 10-City Composite annual increase came in at 14.4%, up from 12.9% in the previous month. The 20-City Composite posted a 14.9% year-over-year gain, up from 13.4% in the previous month. All 20 cites reported higher prices increases in the year ending April 2021 when compared to the year ending March 2021. Leading the way in year-over-year price increases in March was Phoenix with a 22.3% gain, followed by San Diego with a 21.6% gain and Seattle with a 20.2% gain.

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.
Original Source:
S&P Corelogic Case-Shiller Index Shows Annual Home Price Gains Surged to 14.6% in April