US home prices hit record level (again)
Housing Wire
SEPTEMBER 28, 2021
July marked the fourth consecutive month in which the growth rate of home prices set a record, according to the latest S&P CoreLogic Case-Shiller National Home Price Index Report released on Tuesday. The index showed a 19.7% annual gain for the year ending in July 2021, up from 18.7% a month prior. This is the highest annual rate of price growth since the index began in 1987 and the fourteenth consecutive month of accelerating prices.
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