Home Prices in 20 U.S. Cities Rose at Faster Pace in November

Home-price gains in 20 U.S. cities accelerated for a fourth month in November when compared with a year earlier, according to S&P CoreLogic Case-Shiller data released Tuesday.

While home prices have been steadily increasing on the back of solid hiring, stronger wages and low mortgage rates, a recent increase in borrowing costs threatens to slow down momentum in the housing market in the coming months. Even with those headwinds, a scarce supply of homes will continue to support rising values, potentially persuading more owners to put their properties up for sale.