US Home Prices Surge To 17th Consecutive All-Time High (NYC Leads Nation, Tampa Last)

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by confoundedinterest17

US home prices surged to the 17th consecutive all-time high.

US home prices in the 20 largest cities rose 0.32% MoM in October (the latest data from S&P CoreLogic Case-Shiller), considerably hotter than the 0.22% rise expected. However, despite the MoM beat, the pace of annual acceleration has declined to its slowest since Sept 2023. At 3.62% YoY.

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Which metro area had the highest gain? New York City at 7.27%. The lowest gain? Tampa at 0.39%.

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