Home Prices in 20 U.S. Cities Accelerate for a Fifth Month - Bloomberg

Home prices in 20 U.S. cities accelerated in the year through February for a fifth month, while nationwide property values also picked up, according to S&P CoreLogic Case-Shiller data reported Tuesday.

Key Points:
20-city property values index climbed 5.9 percent from February 2016 (forecast was 5.8 percent), the fastest since July 2014, after increasing 5.7 percent in the year through January.

National home-price gauge rose 5.8 percent in the 12 months through February.

Seasonally adjusted 20-city index advanced 0.7 percent from a month earlier (matching the Bloomberg survey median).

Link to entire Bloomberg article:  Home Prices in 20 U.S. Cities Accelerate for a Fifth Month - Bloomberg:

Thank you for viewing the Incline Village Real Estate blog. If you require additional information or discussion contact me via Randy@RandyBull.com.