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Home-price growth increased in September 2024 by 3.9 percent, according to S&P CoreLogic’s latest Case-Shiller Index, marking a 16th consecutive all-time high after accounting for seasonality.
That marks the index’s 15th consecutive all-time high. Bankrate’s latest national survey of large lenders shows the average rate on a 30-year mortgage was 6.88 percent as of October 30, 2024.
U.S. home prices just keep setting new records, although the pace of growth has slowed a bit. S&P CoreLogic’s latest Case-Shiller U.S. National Home Price NSA Index, released Nov. 26, 2024 ...
The indices kept by Standard & Poor are normalized to a value of 100 in January 2000. They are based on original work by economists Karl Case and Robert Shiller, whose team calculated the home price index back to 1990. Case and Shiller's index is normalized to a value of 100 in 1990. The Case-Shiller index on Shiller's website is updated ...
At the same time, the index also showed that home prices declined 0.5% year over year. Meanwhile, data from Zillow revealed that the average US home value was $348,853 as of July 28, 2023, up 1.2% ...
So far, it doesn't matter how high mortgage rates go; home prices continue to set record highs. The S&P CoreLogic Case-Shiller National Home Price Index increased 0.7% in September from August on ...
US home prices started the summer at a record high while the pace of price increases moderated in June. The S&P CoreLogic Case-Shiller National Home Price Index increased 0.2% over the prior month ...
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