Both the S&P
CoreLogic Case-Shiller and The Federal Housing Finance Agency (FHFA) report
that the country ended the year with more than a 10 percent annual increase in
home prices.
The Case-Shiller U.S. National Home Price Index, which covers all
nine U.S. census divisions, showed a year-over-year gain of 10.4 percent in December
while FHFA put the increase at 11.4 percent. The Case-Shiller National
index showed significant acceleration in appreciation from the 9.5 percent reflected in its November report for the prior 12
months. The 10-City and 20-City appreciation was also faster than in November
at 9.8 percent and 10.1 percent compared to 8.9 percent and 9.2 percent,
respectively.

 

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