S&P Case-Shiller Home Price Index: Hits New Record High in August

Published on October 31, 2024

Home prices continued to trend upwards in August as the benchmark 20-city index rose for a nineteenth consecutive month to a new all-time high. The S&P Case-Shiller Home Price Index revealed seasonally adjusted home prices for the 20-city index saw a 0.4% increase month-over-month (MoM) and a 5.2% increase year-over-year (YoY). After adjusting for inflation, the MoM was reduced to -0.1% and the YoY was -0.2%.

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