House prices large US cities go up further


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.

About the author

Nicholas de Kramer

Nicholas de Krammer, а self-taught economic analytic with heave mathematical background. Math behind the economics (and economics behind math) is the strong side of the author. Contact him at [email protected]

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