All of the major metro markets reported month-over-month price increases in March, according to the S&P CoreLogic Case-Shiller Indices, and prices again reached an all-time high.
The U.S. National Home Price NSA Index had a 6.5% annual gain for March, following the same increase in February. The 10-City Composite was up 8.2%, and the 20-City Composite was up 7.4%.
San Diego again had the highest year-over-year gain among the 20 cities, with an 11.1% increase, followed by New York and Cleveland. Denver holds the lowest rank and had a 2.1% annual increase.
“This month’s report boasts another all-time high,” said Brian D. Luke, Head of Commodities, Real & Digital Assets at S&P Dow Jones Indices, in a statement. “We’ve witnessed records repeatedly break in both stock and housing markets over the past year. Our National Index has reached new highs in six of the last 12 months."
The full report can be found here.
