Twenty-City Home Price Index Increases 1.7 Points in April

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Nearly all markets increased in April’s Case-Shiller Home Price Index Report. The 10-city index climbed 1.89 to 148.4 while the 20-city increased 1.72 to 135.8. However, the 10-city is down 2.2% and the 20-city is down 1.9% compared to April 2011. Detroit was the only declining market in April–falling 2.45 to 65.26. The most notable increases were Washington DC (up 4.89 to 181.3), San Francisco (up 4.27 to 130.21), and Phoenix (up 2.63 to 109.01).

For more information, see our Home Price Index Report

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