The S&P CoreLogic Case-Shiller 20-city home price index in the US rose by 6.6% year-on-year in January 2024, accelerating from a 6.2% increase in December and compared with market expectations of a 6.7% advance. It marked the largest increase in home prices since November 2022, with San Diego (11.2%) and Los Angeles (8.6%) reporting the highest gains among the 20 cities. On the other hand, prices in Portland grew the least (0.9%) but were up for the 2nd month. On a monthly basis, home prices fell by 0.1% in response to elevated borrowing costs. Seventeen markets experienced declines over the last month, while Minneapolis posted a 2.4% decline over the prior three months. Only Southern California and Washington D.C. delivered positive returns to start the year. Prices in San Diego rose 1.8% in January, followed by D.C. with 0.5%, and Los Angeles at 0.1%. source: Standard & Poor's
Case Shiller Home Price Index YoY in the United States increased to 6.60 percent in January from 6.20 percent in December of 2023. Case Shiller Home Price Index YoY in the United States averaged 5.17 percent from 2001 until 2024, reaching an all time high of 21.30 percent in April of 2022 and a record low of -19.00 percent in January of 2009. This page includes a chart with historical data for the United States Case Shiller Home Price Index YoY. United States Case Shiller Home Price Index YoY - data, historical chart, forecasts and calendar of releases - was last updated on April of 2024.
Case Shiller Home Price Index YoY in the United States increased to 6.60 percent in January from 6.20 percent in December of 2023. Case Shiller Home Price Index YoY in the United States is expected to be 5.70 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the United States Case Shiller Home Price Index YoY is projected to trend around 2.00 percent in 2025, according to our econometric models.