S&P/Case-Shiller: US home prices up by 6.4% in February - Breaking The News
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S&P/Case-Shiller: US home prices up by 6.4% in February

Economy
Christian Baha / RR

1 min read

EPA-EFE/ERIK S. LESSER

Home prices in all nine United States census divisions saw an annual rise of 6.4% in February, the S&P CoreLogic Case-Shiller said in its report published on Tuesday. Compared to the previous month, the figure grew by 0.4%.

The 10-City Composite annual rate advanced from January's 7.4% to 8.0%, while the 20-City Composite went from the previous month's 6.6% to 7.3%. The highest annual increase in prices was observed in San Diego, Chicago, and Detroit, and the weakest one in Portland and Oregon.

"Following last year's decline, US home prices are at or near all-time highs ... Since the previous peak in prices in 2022, this marks the second time home prices have pushed higher in the face of economic uncertainty," S&P Dow Jones Indices Commodities, Real & Digital Assets Head Brian D. Luke said.

datacase-shillerhome prices
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