S&P CoreLogic Case-Shiller National Home Price Index Jumps 19.8% Year-Over-Year in August

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 (10-26-21) that home prices experienced a 19.8% annual gain in August 2021, unchanged from July. The 10-City Composite annual increase came in at 18.6% down from 19.1% in the previous month.

The 20-City Composite posted a 19.7% year-over-year gain, down from 20% in the previous month. Leading the way in year-over-year price increases in August were Phoenix with a 33.3% gain, followed by San Diego with a 26.2% gain and Tampa with a 25.9% gain. Eight of the 20 cities reported higher price increases in the year ending August 2021 versus the year ending in July 2021.

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Annual Home Price Gains Remained High In August According to S&P Corelogic Case-Shiller Index