The latest S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index reported a 2.6% annual change for August, 2023. Their 10-City Composite increased 3% and their 20-City Composite increased 2.2%, year-over-year. Just like last month, 19 of their 20 major metro markets reported month-over-month price increases.
“U.S. home prices continued to rise in August 2023…Our National Composite rose by 0.4% in August, which marks the seventh consecutive monthly gain since prices bottomed in January 2023.” Said Craig J. Lazzara, Managing Director at S&P DJI.