National Home Price Index Results For October 2019

 

12/31/19 – According to the October results of the S&P/Case-Shiller home price index, published today, homes prices rose by 3.3%, led by Phoenix at 5.2% and followed by Tampa and Charlotte at just under 5% price appreciation for both cities.

The macro view of housing across the U.S. continues to show a deceleration in home prices, though the overseer of Fannie and Freddie Mac show stronger growth in prices.   This may be since this index only tracks home purchases where the underlying mortgages are within the conforming loan limits($484,350 in most of the country and $726,525 in high-cost areas) of Fannie and Freddie.

 

 

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