Even though U.S. housing prices remain high, Americans keep buying them, according to a pair of newly released reports.
On Dec. 31, S&P Global’s S&P Dow Jones Indices published its latest update of the S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index. Home prices rose by about 3.6 percent between October 2023 and October 2024, according to a newly published analysis.
The index covers average home prices in 20 major U.S. cities. S&P calls it a leading measure of U.S. residential real estate prices. The index tracks changes in the value of residential real estate monthly….