US Home-Price Growth Picks Up With ‘Healthy Gains’ Across Cities
- Prices annually were up 6% in January, according to index
- West Coast cities including San Diego posted big gains
This article is for subscribers only.
Home-price growth in the US accelerated at the fastest rate since 2022, increasing pressure on buyers after the worst year for property sales in nearly three decades.
Prices nationally climbed 6% in January from a year earlier, according to data from S&P CoreLogic Case-Shiller. That’s bigger than the 5.6% annual gain in December.