Continuing Gains in Home Price Indices

Multiple home price indices indicate that monthly values continued to rise in October. The strongest increases are no longer limited to the West. But one estimate has a decline for November.

At 203.84, the Case-Shiller 20-City Composite Home Price Index for the month of October turned out to be 0.2 percent higher than one month previous.

In addition, the index — a snapshot of U.S. home values that is based on a value-weighted average in 20 metropolitan areas — has risen 6.4 percent from the same month last year.


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From:: Financing

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