National Home Price Index Results For December 2019

2/28/20 – According to the December results of the S&P/Case-Shiller National Home Price Index published today, home prices across the country rose by 3.8%, led by Phoenix at 6.5% and followed by Charlotte and Tampa at 5.3% and 5.2%, respectively.

The macro view of housing across the U.S. has shown a uptick in prices, though the overseer of Fannie and Freddie Mac shows much stronger growth.   This may be since this index only tracks home purchases where the underlying mortgages are within the conforming loan limits($510,400 in most of the country and $765,600 in high-cost areas) of Fannie and Freddie.

 

 

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