December home prices extend decade-long growth streak
U.S. home prices continued their climb in December, extending a long-running growth streak and reaching all-time highs, according to data released Tuesday by S&P Dow Jones and the Federal Housing Finance Agency (FHFA). The FHFA Housing Price Index (HPI) and the S&P CoreLogic Case-Shiller Indices reported annual growth of 4.5 percent and 3.9 percent, respectively, marking yet another quarter of steady appreciation since 2012, according to the FHFA.
U.S. home prices continued their climb in December, extending a long-running growth streak and reaching all-time highs, according to data released Tuesday by S&P Dow Jones and the Federal Housing Finance Agency (FHFA). The FHFA Housing Price Index (HPI) and the S&P CoreLogic Case-Shiller Indices reported annual growth of 4.5 percent and 3.9 percent, respectively, marking yet another quarter of steady appreciation since 2012, according to the FHFA.
