It marked another increase after the prior month’s annual gain of 6%, and the fastest rate of price growth since November 2022.
Home prices in February jumped 6.4% year over year, according to the S&P CoreLogic Case-Shiller national home price index.
Prices in San Diego saw the biggest gain among the 20 cities in the index, up 11.4% from February of 2023. Both Chicago and Detroit reported 8.9% annual increases. Home prices in February jumped 6.4% year over year, another increase after the prior month's annual gain of 6%, according to the S&P CoreLogic Case-Shiller national home price index. It was the fastest rate of price growth since November 2022.
Prices in San Diego saw the biggest gain among the 20 cities in the index, up 11.4% from February of 2023. Both Chicago and Detroit reported 8.9% annual increases. Portland, Oregon, saw the smallest gain in the index of just 2.2%.
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