Home Prices Spiked Again In August
Data released today shows home price gains improved in August both annually and month-over-month. Year-over-year, prices rose 2.6%, up from 1% in July, according to the S&P CoreLogic Case-Shiller National Home Price NSA Index. Prices were up 0.4% month-over-month before seasonal adjustment and 0.9% after. This is the seventh consecutive month of increases. Home prices…