Reported 6 months ago
The article discusses how home prices in the United States continued to rise in March, with the Northeast leading in annual price gains at 8.3%, surpassing other regions like the South. The S&P CoreLogic Case-Shiller U.S. National Home Price Index showed a 6.5% annual gain, with the 20-City and 10-City Composites also reporting increases. However, the report predicts that future data releases may show moderation in home price growth due to a surge in mortgage rates. Overall, urban markets are showing strong demand and significant recovery, with cities like San Diego, New York, and Los Angeles leading in price gains.
Source: YAHOO