Home prices in the United States soared in the month of March with major cities seeing an increase in prices, according to the latest results from the S&P CoreLogic Case–Shiller Indices.
The Case–Shiller U.S. National Home Price NSA Index, which covers all nine U.S. census divisions, registered a 20.6 percent annual gain in March 2022, according to a May 31 index announcement by S&P Global. This is slightly up from the 20 percent gain in February.
The 10-city composite index saw an increase of 19.5 percent in March while the 20-city composite index rose by 21.2 percent. Both indices spiked by a higher percentage than the previous month….