Despite concerning acceleration in home prices since last summer, consumers are still eager to buy, and an increasing share of homes are selling over the asking price. In May, S&P CoreLogic national Case-Shiller Index skyrocketed 16.6% year over year — keeping with the theme of reaching new highs in the past few months.
National home prices increased 15.4% year over year in May 2021, according to the latest CoreLogic Home Price Index Report. This was the highest year-over-year gain since November 2005.
In April, the S&P CoreLogic national Case-Shiller Index jumped a remarkable 14.6% year over year — the highest rate since the beginning of the index series.
Data Through Q1 2021 Introduction The CoreLogic Homeowner Equity Insights report, is published quarterly with coverage at the national, state and Core Based Statistical Area
Since the pandemic began over a year ago, a supply shortage of for-sale homes has fueled home price growth. The national CoreLogic Home Price Index
Home price growth momentum speeds up further in February, up 12% Strong acceleration of S&P CoreLogic Case-Shiller Index continued into early months of 2021 with