Home prices up 5.2%
The latest S&P/Case-Shiller Home Price Index shows that home prices were up nationally 5.2% in October 2015 compared to October 2014. That’s an increase from the 4.9% rise recorded in September 2015 over September 2014.
Denver, San Francisco, and Portland, Oregon all saw large 10.9% increases year-over-year.
The top 20 percent increased 5.5 per cent overall to return to their winter 2007 levels.
We are getting there, but these numbers still represent on average, around 13% below 2006 peak home values.