S&P CoreLogic Case-Shiller Index reports 19.1% annual home price gain

house prices, mortgage rates
istock.com/Andrii Yalanskyi

NEW YORK — S&P Dow Jones Indices released for October 2021 show that home prices continue to increase across the U.S.

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 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.

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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/.

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