Home Prices Soar at Fastest Pace Since 2014

Posted 8 days ago


Homes prices across America surged in December, typically the slowest month for the housing market.

Home prices rose 10.4 percent compared with a year earlier, according to the S&P CoreLogic Case-Shiller Home Price Index.

That is the strongest growth rate since 2014 and represents an acceleration of home price gains from November’s 9.5 percent.

Phoenix, San Diego, and Seattle experienced the highest year-over-year gain. Phoenix home prices were up 14.4 percent. Seattle prices were up 13.6 percent. San Diego price rosse 13 percent.

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