NEW YORK CITY—Three cities west of the Mississippi have reachednew all-time highs for home prices, S&P Dow JonesIndices said Tuesday. Dallas, Denver and Portland, ORreached new peaks as home prices in all 20 cities measured by theS&P/Case-Shiller Home Price Indices increasedthis past November after seasonal adjustment. The 5.3% annualincrease in the US National Home Price Index was the highest sinceJuly 2014.

The year-over-year champion at 11.1% wasPortland, OR, which also has been a Y-O-Y leader in apartmentrents. Oregon's largest city was followed by San Francisco at 11.0%and Denver at 10.9%; all three have topped the ranks of Y-O-Y gainsfor several months running.

The largest Y-O-Y increase compared to October2015 was registered by Detroit, which saw a 6.3% annual increase inNovember compared to 5.1% the month before. Fourteen out of 20cities reported greater Y-O-Y increases in November than they didin October, according to S&P Dow Jones Indices.

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Paul Bubny

Paul Bubny is managing editor of Real Estate Forum and GlobeSt.com. He has been reporting on business since 1988 and on commercial real estate since 2007. He is based at ALM Real Estate Media Group's offices in New York City.