Home Prices Continued to Climb in November

By Will Parker | January 28, 2020

Home-price growth accelerated in November, in the latest sign the home-sales market is picking up steam after a slow start to 2019.

The S&P CoreLogic Case-Shiller National Home Price Index, which measures average home prices in major metropolitan areas across the nation, rose 3.5% in the 12 months to November, up from a 3.2% annual pace the prior month.

After a long period of price deceleration, if the current pace of price growth continues, it could offset some of the decreased costs home buyers are otherwise seeing with low mortgage-interest rates.

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