S&P CoreLogic Case-Shiller Indices show Chicago home values rose 0.8 percent in July

That’s essentially flat from a year ago. July was the seventh month out of the past 12 when Chicago home values were flat, according to the index. In the other five months, values were up 1.5 percent or less. 

Nationwide, home values were up 4.8 percent in July, or six times the increase in Chicago. The national figure has been up more than 4 percent in six of the past 12 months.

“The strength of the housing market was consistent nationally,” Craig Lazzara, managing director and global head of index investment strategy at S&P Dow Jones Indices, said in prepared comments that accompanied the data. All 19 cities in the index showed stronger performance in July than in June, he noted. That includes Chicago, where home prices were up 0.6 percent in June and 0.8 percent in July.

This report from Case-Shiller does not conflict with Crain’s story last week

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S&P CoreLogic Case-Shiller Index Reports 4.8% Annual Home Price Gain In July

The MarketWatch News Department was not involved in the creation of this content.

NEW YORK, Sept. 29, 2020 /PRNewswire via COMTEX/ —
NEW YORK, Sept. 29, 2020 /PRNewswire/ — S&P Dow Jones Indices today released the latest results for the S&P CoreLogic Case-Shiller Indices, the leading measure of U.S. home prices. Data released today for July 2020 show that home prices continue to increase at a modest rate across the U.S. More than 27 years of history are available for these data series, and can be accessed in full by going to www.spdji.com.

Please note that transaction records for March, April, May and June 2020 for Wayne County, MI are now available. Due to delays at the local recording office caused by the COVID-19 lockdown, S&P Dow Jones Indices and CoreLogic were previously unable to generate a valid March, April, May and June 2020 update of the Detroit S&P CoreLogic

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Home price growth accelerated in July as buyers competed for listings, Case-Shiller index shows

The numbers: Home-price appreciation maintained a fast pace in July as buyers flooded the market only to find few homes for sale, according to a major price barometer released Tuesday.

The S&P CoreLogic Case-Shiller 20-city price index posted a 3.9% year-over-year gain in July, up from 3.5% the previous month. On a monthly basis, the index increased 0.6% between June and July.

What happened: The separate national index released with the report noted a 4.8% increase in home prices across the U.S. over the past year.

Phoenix once again lead all other markets nationwide with a 9.2% annual price gain in July, followed by Seattle with a 7% increase and Charlotte, N.C., with 6% growth.

“Prices were particularly strong in the Southeast and West regions, and comparatively weak in the Midwest and Northeast,” Craig Lazzara, managing director and global head of index investment strategy at S&P Dow Jones Indices, wrote

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S&P CoreLogic Case-Shiller: US home prices rise 3.9% in July

U.S. home prices rose at a faster pace in July as the housing market continued to show strength during the coronavirus outbreak

The S&P CoreLogic Case-Shiller 20-city home price index, released Tuesday, rose 3.9% in July from a year earlier, up from a 3.5% annual gain in June. The July gain was slightly higher than economists had expected.

The 20-city index excluded prices from the Detroit metropolitan area index because of delays related to pandemic at the recording office in Wayne County, which includes Detroit.

Phoenix (up 9.2%), Seattle (7%) and Charlotte, North Carolina (6%), reported the biggest year-over-year

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