Home Prices Up 3.8% Year Over Year
The latest results from the S&P Case-Shiller Home Price Indices show prices up 3.8 percent year-over-year. And while that’s a fairly normal annual increase compared to long-term averages, when compared to the previous month’s results, it represents an acceleration. For example, S&P showed annual gains of 3.5 percent in November. Craig J. Lazzara, managing director …