The average price of an owner-occupied home in the United States rose by 0.09 percent in March compared to a month earlier. This is evident from the S&P CoreLogic Case Shiller index, which shows the price development in twenty major American cities.
In general, economists had also expected an increase of 0.5 percent on average. A month earlier, prices rose by a revised 0.26 percent.
Compared to a year earlier, homes became 2.68 percent more expensive in March. On an annual basis, an average price increase of 2.55 percent was expected.