Twenty-City Home Price Index Up 2% over Last Year


The Case-Shiller home price indices increased for the third straight month. The 10-city index increased 1.37 to 158.62 and the 20-city index increased 1.27 to 145.87. Compared to last year, the 10-city is up 1.3% and the 20-city rose 2%. The largest point gains were in Los Angeles (up 2.21 to 173.02), Washington DC (up 2.07 to 194), and Phoenix (up 2.06 to 119.28). The largest relative increase was in Detroit, which gained 1.76 points to 79.18, an increase of 2.3%. Seattle was the only market to decline in August, losing .09 points and dropping to 141.69

For more information, see our housing report.


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