Home Price Index Reaches New Record High

The S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index, covering all nine U.S. census divisions, reported a 3.9% annual change in September (which is an average of July, August and September closing prices), up from a 2.5% change in the previous month.

The month over month increase was at 0.65%. This was the eighth consecutive month-over-month increase following seven straight month-over -month decreases.

Source: Calculated Risk

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