S&P CoreLogic Case-Shiller Index: 19th Straight Record High in December

Published on February 25, 2025

Home prices continued to trend upwards in December as the benchmark national index rose for a 23rd consecutive month to a new all-time high. The seasonally adjusted home prices for the national index saw a 0.5% increase MoM, and a 4.0% increase YoY. After adjusting for inflation, the MoM fell to 0.2% and YoY fell to -0.8%.

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FHFA House Price Index Up 0.4% in December

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The Federal Housing Finance Agency (FHFA) house price index (HPI) rose to 436.1 in December, reaching a new all-time high. U.S. house prices were up 0.4% from the previous month and up 4.7% from one year ago. However, after adjusting for inflation, the real index was lower at 201.8, a record high. Real house prices were flat month-over-month and up 2.8% year-over-year.

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