Home-Price Growth in the US Accelerates as Buyer Demand Picks Up
Homes in Mountain View, California, US.
Photographer: Sam Hall/BloombergThis article is for subscribers only.
Home-price growth in the US accelerated in December, capping a period with a steep drop in mortgage rates.
Prices nationally rose 5.5% from a year earlier, according to data from S&P CoreLogic Case-Shiller. That’s larger than the 5% annual gain in November.