Home Prices Rose in March for Second Time After Months of Declines

A 'For Sale' sign hangs in front of a home in Miami, Fla., on June 21, 2022. Joe Raedle/Getty Images

Home prices across the United States rose for the second consecutive month in March amid widespread shortages and inventory issues, according to data published on May 29.

Home prices increased by 0.4 percent nationwide month over month, data from the S&P CoreLogic Case-Shiller US National Home Price index showed.