Skip to content
Subscriber Only
Markets
Economics

U.S. Home-Price Growth Sets Another Record as Market Stays Hot

U.S. Existing-Home Sales Surged In July By Most On Record
Photographer: Bing Guan/Bloomberg

U.S. home prices once again surged the most in more than 30 years.

Nationally, the S&P CoreLogic Case-Shiller index of property values climbed 16.6% in May from a year earlier, according to a statement on Tuesday. That followed a 14.8% gain in April and was the 12th straight month that price gains accelerated.