According to the S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index, which covers all nine U.S. Census divisions, reported today (8-31-21) that home prices experienced a 18.6% annual gain in June 2021, up from 16.8% in May. The 10-City Composite annual increase came in at 18.5%, up from 16.6% in the previous month. The 20-City Composite posted a 19.1% year-over-year gain, up from 17.1% in the previous month. All 20 cites reported higher prices increases in the year ending June 2021 when compared to the year ending May 2021. Leading the way in year-over-year price increases in June were Phoenix with a 29.3% gain, followed by San Diego with a 27.1% gain and Seattle with a 25.0% gain.
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S&P Corelogic Case-Shiller Index Shows Annual Home Price Gain Topped 18.6% in June