S&P CoreLogic Case-Shiller National Home Price Index Increases 19.5% Annually in September
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 (11-30-21) that home prices experienced a 19.5% annual gain in September — down from the 19.8% annual gain in August 2021.
The 10-City Composite annual increase came in at 17.8%, down from 18.6% in the previous month. The 20-City Composite posted a 19.1% year-over-year gain, down from 19.6% in the previous month.
Leading the way in year-over-year price increases in September was Phoenix with a 33.1% gain, followed by a 27.7% increase in Tampa and Miami with a 25.2% gain. Six of the 20 cities reported higher price increases in the year ending September 2021, versus the year ending in August 2021.
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