‘Reassuring’ House Price Growth Dynamics as Real Estate Market Enters 2020, Expert Says

‘Reassuring’ House Price Growth Dynamics as Real Estate Market Enters 2020, Expert Says
A worker walks on the roof of a new home under construction in Carlsbad, Calif., on Sept. 22, 2014. Mike Blake/File Photo/Reuters
Tom Ozimek
Tom Ozimek
Reporter
|Updated:

While 2019 saw some slowdown in the appreciation of home prices, recent data show the market is firming, with some experts striking a bullish note going into 2020.

The S&P CoreLogic Case-Shiller U.S. National Home Price Index, which measures average home prices in major urban centers across the United States, grew by a year-over-year rate of 3.3 percent in October, according to S&P Dow Jones Indices. That rate of housing stock price growth was higher than the 3.2 percent annual rise in September.
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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