Homeowners looking to sell right now have cause to celebrate. The S&P CoreLogic Case-Shiller Indices—newly released for September, by the S&P Dow Jones Indices—showed a continuing rise in home prices across the country.
More specifically, the S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index—which encompasses all nine United States census divisions—posted a 7.0% annual gain in September, up from 5.8% in August. The indicator hasn't hit 7% in over six years; last reaching that level in May 2014.
The new data also showed that the 10-City Composite annual increase jumped to 6.2%, up from 4.9% in the previous month. The 20-City Composite also rose, posting a 6.6% year-over-year gain, up from 5.3% in August.
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Rayna Katz
Rayna Katz is a seasoned business journalist whose extensive experience includes coverage of the lodging sector, travel and the culinary space. She was most recently content director for a business-to-business publisher, overseeing four publications. While at Meeting News, a travel trade publication, she received a Best Reporting award for a story on meeting cancellations in New Orleans during Hurricane Katrina.
