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US Home Prices Accelerate in September

M. Ali 26 November, 2020 12:50 am Market Update

Home prices in the United States rose during September, according to recent data.

The S&P CoreLogic Case-Shiller National Home Price Index surged by 7% during the fiscal year that ended in September, up from a 5.8% annual rate in August.

This is the highest annual rise in the index since May 2014.

Previously owned home sales grew by 9.4% on a monthly basis in September, reaching its highest level since 2006, according to the National Association of Realtors.

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