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Tags: Financial Markets | Infrastructure | Money | single family home prices | S&P CoreLogic Case-Shiller

U.S. Home Prices Rose in June at Record Annual Pace: S&P/Case-Shiller

Home prices
Home prices rose by a record annual amount in June. (Dreamstime)

Tuesday, 31 August 2021 09:27 AM

U.S. single-family home prices in 20 key urban markets rose in June from a year earlier at the fastest pace on record, a closely watched survey said on Tuesday.

The S&P CoreLogic Case-Shiller composite index of 20 metropolitan areas gained 19.1% through the 12 months ended in June, from an upwardly revised 17.1% the previous month, marking the largest annual price increase in the survey's 20-year history. A Reuters poll of economists had forecast a 18.5% increase.

On a month-to-month basis, the 20-city composite index rose 1.8% from May. This was in line with estimates from economists polled by Reuters. (Reporting by Evan Sully Editing by Chizu Nomiyama)

© 2021 Thomson/Reuters. All rights reserved.


StreetTalk
U.S. single-family home prices in 20 key urban markets rose in June from a year earlier at the fastest pace on record, a closely watched survey said on Tuesday.The S&P CoreLogic Case-Shiller composite index of 20 metropolitan areas gained 19.1% through the 12 months ended...
single family home prices, S&P CoreLogic Case-Shiller
108
2021-27-31
Tuesday, 31 August 2021 09:27 AM
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