Home Price Growth Surges to Record High: Reports

Home Price Growth Surges to Record High: Reports
A for sale sign is seen near a house for sale in South Pasadena, Calif., on April 24, 2020. Frederic J. Brown/AFP via Getty Images
Tom Ozimek
Updated:

Two new reports show that U.S. home prices continued their skyward vault in July, as supply shortages and strong demand combined to keep buying pressure high.

Single-family home prices across the United States rose at a record 19.7 percent annual pace in July, according to the S&P CoreLogic Case-Shiller national composite home price index (pdf), released on Sept. 28.
Tom Ozimek
Tom Ozimek
Reporter
Tom Ozimek is a senior reporter for The Epoch Times. He has a broad background in journalism, deposit insurance, marketing and communications, and adult education.
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