The S&P CoreLogic Case-Shiller 20-city home price index in the US jumped 11.9% yoy in February of 2021, following 11.1% growth in January and slightly above expectations of 11.7%. It is the biggest increase since March of 2014, with Phoenix (17.4%), San Diego (17%), and Seattle (15.4%) continuing to report the highest gains. Considering the whole 9 US census divisions, house prices increased 12%, a fresh high since February of 2006. "These data remain consistent with the hypothesis that COVID has encouraged potential buyers to move from urban apartments to suburban homes. This demand may represent buyers who accelerated purchases that would have happened anyway over the next several years. Alternatively, there may have been a secular change in preferences, leading to a permanent shift in the demand curve for housing", says Craig Lazzara, Managing Director and at S&P DJI. source: Standard & Poor's

Case Shiller Home Price Index in the United States averaged 169.20 points from 2000 until 2021, reaching an all time high of 246.04 points in February of 2021 and a record low of 100 points in January of 2000. This page provides the latest reported value for - United States S&P Case-Shiller Home Price Index - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. United States S&P Case-Shiller Home Price Index - data, historical chart, forecasts and calendar of releases - was last updated on April of 2021.

Case Shiller Home Price Index in the United States is expected to be 235.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Case Shiller Home Price Index in the United States to stand at 235.00 in 12 months time. In the long-term, the United States S&P Case-Shiller Home Price Index is projected to trend around 250.00 points in 2022 and 254.00 points in 2023, according to our econometric models.

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United States S&P Case-Shiller Home Price Index

Actual Previous Highest Lowest Dates Unit Frequency
246.04 243.03 246.04 100.00 2000 - 2021 points Monthly
2000=100; NSA


Calendar GMT Actual Previous Consensus TEForecast
2021-03-30 01:00 PM S&P/Case-Shiller Home Price YoY Jan 11.1% 10.2% 11% 10.4%
2021-03-30 01:00 PM S&P/Case-Shiller Home Price MoM Jan 0.9% 0.9% 0.6%
2021-04-27 01:00 PM S&P/Case-Shiller Home Price MoM Feb 1.2% 0.9% 0.8%
2021-04-27 01:00 PM S&P/Case-Shiller Home Price YoY Feb 11.9% 11.1% 11.7% 11.2%


News Stream
US House Prices Continue to Soar
The S&P CoreLogic Case-Shiller 20-city home price index in the US jumped 11.9% yoy in February of 2021, following 11.1% growth in January and slightly above expectations of 11.7%. It is the biggest increase since March of 2014, with Phoenix (17.4%), San Diego (17%), and Seattle (15.4%) continuing to report the highest gains. Considering the whole 9 US census divisions, house prices increased 12%, a fresh high since February of 2006. "These data remain consistent with the hypothesis that COVID has encouraged potential buyers to move from urban apartments to suburban homes. This demand may represent buyers who accelerated purchases that would have happened anyway over the next several years. Alternatively, there may have been a secular change in preferences, leading to a permanent shift in the demand curve for housing", says Craig Lazzara, Managing Director and at S&P DJI.
2021-04-27
US House Prices Continue to Rise at Faster Pace
The S&P CoreLogic Case-Shiller 20-city home price index in the US jumped 11.1 percent from a year earlier in January of 2021, following an upwardly revised 10.2 percent growth in the previous month and slightly above market expectations of 11 percent. It is the biggest annual increase in house prices since March of 2014. Phoenix (15.8 percent), Seattle (14.3 percent), and San Diego (14.2 percent) continued to report the highest year-over-year gains among the 20 cities in January. Considering the whole nine US census divisions, house prices increased 11.2 percent, the highest price growth since February of 2006 and following a 10.4 percent rise in November. House prices have been rising at a faster pace in the past year amid strong house demand supported by low interest rates, the need of more space and as many people moved away from the big cities due to the coronavirus pandemic.
2021-03-30
US House Price Growth Strongest since 2014
The S&P CoreLogic Case-Shiller 20-city home price index in the US jumped 10.1 percent from a year earlier in December of 2020, following an upwardly revised 9.2 percent growth in the previous month and slightly above market expectations of 9.9 percent. It is the biggest increase in house prices since April of 2014 as Phoenix (14.4 percent), Seattle (13.6 percent), and San Diego (13 percent) continued to report the highest year-over-year gains among the 19 cities (excluding Detroit). The index for Detroit metro area could not be computed as there is still an insufficient number of records from the most populous Wayne County. Considering the whole nine US census divisions, house prices increased 10.4 percent, following a 9.5 percent rise in November.
2021-02-23
US House Prices Rise the Most in 6-Years: Case-Shiller
The S&P CoreLogic Case-Shiller 20-city home price index in the US rose 9.1 percent from a year earlier in November of 2020, following an upwardly revised 8 percent growth in the previous month and well above market expectations of 8.6 percent. It was the largest increase in house prices since May of 2014, due to record low-interest rates and higher demand from people moving away from big cities due to the pandemic. Phoenix (13.8 percent), Seattle (12.7 percent) and San Diego (12.3 percent) continued to report the highest year-over-year gains among the 19 cities (excluding Detroit) in November. Data for Detroit were still not available due to delays at the local recording office caused by the COVID-19 lockdown. Considering the whole nine US census divisions, house prices increased 9.5 percent, following an 8.4 percent rise in October.
2021-01-26

United States S&P Case-Shiller Home Price Index
The S&P CoreLogic Case-Shiller 20-City Composite Home Price Index measures changes in residential house prices in 20 metropolitan regions in the United States: Atlanta, Boston, Charlotte, Chicago, Cleveland, Dallas, Denver, Detroit, Las Vegas, Los Angeles, Miami, Minneapolis, New York, Phoenix, Portland, San Diego, San Francisco, Seattle, Tampa and Washington D.C.