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Home price growth plowed on early in the spring real estate season, up 5.8 percent year-over-year in March, according to the latest S&P CoreLogic Case-Shiller Indices.
The month marked a 33-month high for prices, as measured by the S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index. The Index’s 10-City Composite rose 5.2 percent year-over-year, while its 20-City Composite rose 5.9 percent—both unchanged from February. Month-over-month, the 10-City Composite rose 0.9 percent and the 20-City Composite rose 1.0 percent.
Of the 20 cities analyzed for the Index, Dallas, Texas, Portland, Ore., and Seattle, Wash., came out ahead again in March, with prices up 8.6 percent in Dallas, 9.2 percent in Portland and 12.3 percent in Seattle.
