Wednesday, 14 April 2021 | The Latest Buzz for the Appraisal Industry

Home Prices in January Saw Largest Annual Gain Since 2006

U.S. home prices increased 1.2% on an adjusted basis in January compared with December and were up 11.2% compared with January 2020, according to the S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index.

It was the largest year-over-year gain since February 2006.

The index’s 10-city and 20-city composites, measuring home price growth in the largest U.S. cities, each posted an increase of 1.2%.

Phoenix, Seattle and San Diego continued to report the highest

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