Home Price Growth Surges to Record High: Case-Shiller Index

Home Price Growth Surges to Record High: Case-Shiller Index
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
Tom Ozimek
Reporter
|Updated:

Two new reports released Tuesday show home prices continuing their skyward vault, with supply shortages and strong demand putting upwards pressure on prices.

U.S. single-family home prices in 20 key urban markets rose 19.1 percent in June from a year earlier, marking the largest annual price increase in the 20-year history of the 20-city composite measure, according to the S&P CoreLogic Case-Shiller home price index (pdf), released on Aug. 31.
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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