National home values continued to appreciate, with some home price indices continuing to set new records. While Seattle continued to lead the price gains, the nation’s capitol hasn’t fared so well.
In November 2017, the Case-Shiller 20-City Composite Home Price Index was reported to be 204.21. That was just over 1 percent short of its July 2006 record high and 52 percent above its March 2012 low.
The index, which is a value-weighted average of 20 metropolitan area indices, ascended 0.2 percent from the prior month. Compared to the same month in 2016, the 20-city index has escalated 6.4 percent.
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