The S&P CoreLogic Case-Shiller US Home Price NSA Index reported an 18.6% annual jump in June, up from 16.8% in the previous month.
- The 10-City Composite yearly rise came in at 18.5%, up from 16.6% in the previous month as the 20-City Composite recorded a 19.1% increase YoY, up from 17.1% in the previous month.
- The cities that reported the highest year-over-year gains among the 20 cities in June were Phoenix, San Diego, and Seattle.
- Phoenix led the way with a 29.3% year-over-year price increase, followed by San Diego with a 27.1% increase and Seattle with a 25.0% increase.
All 20 selected US cities recorded higher price increases in 2021 compared to the previous year.
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Source: S&P Dow Jones Indices