NEW YORK — S&P Dow Jones Indices released for October 2021 show that home prices continue to increase across the U.S.
The S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index, covering all nine U.S. census divisions, reported a 19.1% annual gain in October, down from 19.7% in the previous month. The 10-City Composite annual increase came in at 17.1%, down from 17.9% in the previous month. The 20-City Composite posted an 18.4% year-over-year gain, down from 19.1% in the previous month.
Phoenix, Tampa, and Miami reported the highest year-over-year gains among the 20 cities in October. Phoenix led the way with a 32.3% year-over-year price increase, followed by Tampa with a 28.1% increase and Miami with a 25.7% increase. Six of the 20 cities reported higher price increases in the year ending October 2021 versus the year ending September 2021.
More than 27 years of history are available for the data series and can be accessed in full by going to https://www.spglobal.com/spdji/.