The latest S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index reported a 5.4% annual increase for June, 2024. Their 10-City Composite increased 7.4% and their 20-City Composite increased 6.5%, year-over-year.
“We continue to observe outperformance in most low-price tiers in the market on a three- and five-year horizon…The low-price tier of Tampa was the best performing market nationally with five-year performance of 88%. The New York market was the best market annually, posting a gain of 8.9%. ” Said Brian D. Luke, Head of Commodities, Real & Digital Assets at S&P Dow Jones Indices (S&P DJI).
Click here to read the full report at S&P Dow Jones Indices.