The S&P CoreLogic Case-Shiller 20-city home price index in the US increased 4% year-on-year in April of 2020, the most since December of 2018 and in line with market forecasts. Phoenix recorded the biggest increase in home prices (8.8%), followed by Seattle (7.3%) and Minneapolis (6.4%). The national index, covering all nine US census divisions, advanced 4.7%, up from 4.6% in the previous month. “As was the case in March, we have data from only 19 cities this month, since transactions records for Wayne County, Michigan continue to be unavailable. This is, so far, the only directly visible impact of COVID-19 on the S&P CoreLogic Case-Shiller Indices. The price trend that was in place pre-pandemic seems so far to be undisturbed, at least at the national level", Craig J. Lazzara, Managing Director and Global Head of Index Investment Strategy at S&P Dow Jones Indices said.
Case Shiller Home Price Index in the United States averaged 166.53 points from 2000 until 2020, reaching an all time high of 224.08 points in April of 2020 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 July of 2020. source: Standard & Poor's
Case Shiller Home Price Index in the United States is expected to be 224.00 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 222.00 in 12 months time. In the long-term, the United States S&P Case-Shiller Home Price Index is projected to trend around 222.00 points in 2021 and 224.00 points in 2022, according to our econometric models.