Case-Shiller Home Prices Rise 3.9% YoY In September (Only NYC And Cleveland Top 7% YoY)

Sharing is Caring!

by confoundedinterest17

Rolling into Cleveland to the lake.

NEW YORK, NOVEMBER 26, 2024: S&P Dow Jones Indices (S&P DJI) today released the
September 2024 results for the S&P CoreLogic Case-Shiller Indices. The leading measure of U.S.
home prices recorded a 3.9% annual gain in September 2024
, a slight deceleration from the previous annual gains in 2024.

YEAR-OVER-YEAR
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 return for September, down from a 4.3% annual gain in the previous month. The 10-City Composite saw an annual increase of 5.2%, down from a 6.0% annual increase in the previous month. The 20-City Composite posted a year-over-year increase of 4.6%, dropping from a 5.2% increase in the previous month. New York again reported the highest annual gain among the 20 cities with a 7.5% increase in September, followed by Cleveland and Chicago with annual increases of 7.1% and 6.9%, respectively. Denver posted the smallest year-over-year growth with 0.2%.

See also  Fed’s Reverse Repo drops $50B to $155B, yet 10-year yield spikes 4.365%; US stocks face largest institutional outflow since September 2015

Table 2 below summarizes the results for September 2024. Cleveland and New York top 7% YoY.


Views: 18

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.