Economics

U.S. Home-Price Appreciation Picks Up Once Again in Cities

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By Craig Giammona

February 22, 2022 at 9:00 AM EST

Updated on

February 22, 2022 at 9:50 AM EST

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U.S. home-price appreciation picked up in December.

A measure of home prices in 20 U.S. cities gained 18.6%, up from 18.3% the previous month, the S&P CoreLogic Case-Shiller index showed Tuesday. It was a bigger gain than economists expected and came after the growth in home prices had slowed slightly for fourth straight months.