S&P CoreLogic Case-Shiller Index Reports Year-Over-Year Home Prices Climbed 13.2% in March

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 13.2% annual gain in March 2021, up from 12% in the previous month. The 10-City Composite annual increase came in at 12.8%, up from 11.7% in the previous month. The 20-City Composite posted a 13.3% year-over-year gain, up from 12.0% in the previous month. All 20 cites reported higher prices increases in the year ending March 2021 when compared to the year ending February 2021. Leading the way in year-over-year price increases in March was Phoenix with a 20.0% gain, followed by San Diego with a 19.1% gain and Seattle with a 18.3% gain.