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.



Calendar GMT Reference Actual Previous Consensus TEForecast
2024-02-27 02:00 PM
S&P/Case-Shiller Home Price YoY
Dec 6.1% 5.4% 6% 6.0%
2024-03-26 01:00 PM
S&P/Case-Shiller Home Price YoY
Jan 6.6% 6.2% 6.7% 6.5%
2024-04-30 01:00 PM
S&P/Case-Shiller Home Price YoY
Feb 6.6%


Related Last Previous Unit Reference
Case Shiller Home Price Index 317.07 317.42 points Jan 2024
S&P/Case-Shiller Home Price MoM -0.10 -0.30 percent Jan 2024
S&P/Case-Shiller Home Price YoY 6.60 6.20 percent Jan 2024
National Home Price Index 315.36 314.24 points Jan 2024

United States Case Shiller Home Price Index YoY
The S&P CoreLogic Case-Shiller 20-City Composite Home Price Index measures changes in residential house prices in 20 metropolitan regions in the United States: Atlanta, Boston, Charlotte, Chicago, Cleveland, Dallas, Denver, Detroit, Las Vegas, Los Angeles, Miami, Minneapolis, New York, Phoenix, Portland, San Diego, San Francisco, Seattle, Tampa and Washington D.C.
Actual Previous Highest Lowest Dates Unit Frequency
6.60 6.20 21.30 -19.00 2001 - 2024 percent Monthly
NSA

News Stream
US Home Prices Rise at Faster Pace: Case-Shiller
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%.
2024-03-26
US Home Prices Rise Faster: Case-Shiller
The S&P CoreLogic Case-Shiller 20-city home price index in the US went up 6.1% year-on-year in December 2023, the most since November 2022, after a 5.4% rise in November. San Diego reported the highest year-over-year gain among the 20 cities (8.8%), followed by Los Angeles (8.3%) and Detroit (8.3%). Also, house prices in Portland rose 0.3%, the first gain after 11 months of declines. Considering full 2023, the year appears to have exceeded average annual home price gains over the past 35 years. However, increased financing costs appeared to precipitate home price declines in the fourth quarter, as 15 markets saw lower values compared to September.
2024-02-27
US Home Prices Continued to Rise Faster: Case-Shiller
The S&P CoreLogic Case-Shiller 20-city home price index in the US went up 5.4% year-on-year in November 2023, a fresh one-year high, compared to a 4.9% rise in October, but below market forecasts of 5.8%. Once again, Detroit reported the highest annual gain among the 20 cities with an 8.2% increase, followed again by San Diego with an 8% rise. For the third month in a row however, Portland fell 0.7% and remained the only city reporting lower prices in November versus a year ago. On a monthly basis, home prices edged 0.2% lower, the first fall since January 2023, setting the index back to levels last seen over the summer months. Seattle and San Francisco reported the largest monthly declines, falling 1.4% and 1.3%, respectively.
2024-01-30