The S&P CoreLogic Case-Shiller 20-city home price index in the US went up 4.6% year-on-year in September 2024, the least in a year, compared to 5.2% in August and forecasts of 4.8%. New York again reported the highest annual gain among the 20 cities with a 7.5% increase, followed by Cleveland (7.1%) and Chicago (6.9%). On the other hand, Denver posted the smallest year-over-year growth with 0.2%, followed by Portland (1%) and Tampa (1%). Compared to the previous month, the home price index declined 0.3%, the same as in August. “Home price growth stalled in the third quarter, after a steady start to 2024. The slight downtick could be attributed to technical factors as the seasonally adjusted figures boasted a 16th consecutive all-time high", says Brian D. Luke, CFA, Head of Commodities, Real & Digital Assets. source: Standard & Poor's

Case Shiller Home Price Index YoY in the United States decreased to 4.60 percent in September from 5.20 percent in August of 2024. Case Shiller Home Price Index YoY in the United States averaged 5.20 percent from 2001 until 2024, reaching an all time high of 21.30 percent in April of 2022 and a record low of -19.00 percent in January of 2009. This page includes a chart with historical data for the United States Case Shiller Home Price Index YoY. United States Case Shiller Home Price Index YoY - data, historical chart, forecasts and calendar of releases - was last updated on November of 2024.

Case Shiller Home Price Index YoY in the United States decreased to 4.60 percent in September from 5.20 percent in August of 2024. Case Shiller Home Price Index YoY in the United States is expected to be 2.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations.




Calendar GMT Reference Actual Previous Consensus TEForecast
2024-10-29 01:00 PM
S&P/Case-Shiller Home Price YoY
Aug 5.2% 5.9% 5.1% 5.4%
2024-11-26 02:00 PM
S&P/Case-Shiller Home Price YoY
Sep 4.6% 5.2% 4.8% 4.5%
2024-12-27 02:00 PM
S&P/Case-Shiller Home Price YoY
Oct


Related Last Previous Unit Reference
Case Shiller Home Price Index 333.59 334.74 points Sep 2024
S&P/Case-Shiller Home Price MoM -0.30 -0.30 percent Sep 2024
S&P/Case-Shiller Home Price YoY 4.60 5.20 percent Sep 2024
National Home Price Index 323.35 322.28 points Sep 2024

United States Case Shiller Home Price Index YoY
The S&P CoreLogic Case-Shiller 20-City Composite Home Price Index measures changes in residential house prices in 20 metropolitan regions in the United States: Atlanta, Boston, Charlotte, Chicago, Cleveland, Dallas, Denver, Detroit, Las Vegas, Los Angeles, Miami, Minneapolis, New York, Phoenix, Portland, San Diego, San Francisco, Seattle, Tampa and Washington D.C.
Actual Previous Highest Lowest Dates Unit Frequency
4.60 5.20 21.30 -19.00 2001 - 2024 percent Monthly
NSA


News Stream
US House Prices Rise the Least in a Year
The S&P CoreLogic Case-Shiller 20-city home price index in the US went up 4.6% year-on-year in September 2024, the least in a year, compared to 5.2% in August and forecasts of 4.8%. New York again reported the highest annual gain among the 20 cities with a 7.5% increase, followed by Cleveland (7.1%) and Chicago (6.9%). On the other hand, Denver posted the smallest year-over-year growth with 0.2%, followed by Portland (1%) and Tampa (1%). Compared to the previous month, the home price index declined 0.3%, the same as in August. “Home price growth stalled in the third quarter, after a steady start to 2024. The slight downtick could be attributed to technical factors as the seasonally adjusted figures boasted a 16th consecutive all-time high", says Brian D. Luke, CFA, Head of Commodities, Real & Digital Assets.
2024-11-26
US House Prices Rise the Least in Ten Months
The S&P CoreLogic Case-Shiller 20-city home price index in the US increased 5.2% year-on-year in August 2024, the least in ten months, compared to a 5.9% rise in July and forecasts of 5.1%. New York again reported the highest annual gain among the 20 cities (8.1%), followed by Las Vegas (7.3%) and Chicago (7.2%). Denver on the other hand, posted the smallest year-over-year growth of 0.7%, followed by Portland (0.8%). “Home price growth is beginning to show signs of strain, recording the slowest annual gain since mortgage rates peaked in 2023,” says Brian D. Luke, CFA, Head of Commodities, Real & Digital Assets. “As students went back to school, home price shoppers appeared less willing to push the index higher than in the summer months".
2024-10-29
US Home Price Price Growth Slows in July: Case-Shiller
The S&P CoreLogic Case-Shiller 20-city home price index in the US rose by 5.9% from the previous year in July of 2024, slowing from the 6.5% increase during the previous month, and loosely in line with market expectations of a 5.8% rise. It was the slowest increase in home prices since November 2023, indicating the impact of higher interest rates on home demand. Still, it was the ninth consecutive month that price growth remained above the 5% threshold. The sharpest increases were seen in New York (8.76%), Las Vegas (8.24%), and San Diego (7.19%). On the other hand, Portland (0.84%) and Denver (1.32%) remained with the slowest growth rates. “Accounting for seasonality of home purchases, we have witnessed 14 consecutive record highs in our National Index,” says Brian D. Luke, CFA, Head of Commodities, Real & Digital Assets. “While the S&P 500 has achieved 39 record highs and the S&P GSCI Gold TR hit 35 record highs, housing is following a similar trajectory”.
2024-09-24