The S&P CoreLogic Case-Shiller 20-city home price index in the US rose 3.5 percent from a year earlier in June of 2020, following a downwardly revised 3.6 percent increase in the previous month and below market expectations of a 3.8 percent gain. Phoenix (9 percent), Seattle (6.5 percent) and Tampa (5.9 percent) continued to report the highest gains. In contrast, prices in Chicago (0.6 percent), San Francisco (1.4 percent) and NY (1.6 percent) grew the least and in Detroit declined. The national index, covering all nine US census divisions, advanced 4.3 percent, the same as in the previous month. "More data will be required to understand whether the market resumes its previous path of accelerating prices, continues to decelerate, or remains stable", says Craig J. Lazzara, Managing Director and Global Head of Index Investment Strategy at S&P Dow Jones Indices.
Case Shiller Home Price Index in the United States averaged 167 points from 2000 until 2020, reaching an all time high of 225.13 points in June of 2020 and a record low of 100 points in January of 2000. This page provides the latest reported value for - United States S&P Case-Shiller Home Price Index - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. United States S&P Case-Shiller Home Price Index - data, historical chart, forecasts and calendar of releases - was last updated on September of 2020. source: Standard & Poor's
Case Shiller Home Price Index in the United States is expected to be 225.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Case Shiller Home Price Index in the United States to stand at 222.00 in 12 months time. In the long-term, the United States S&P Case-Shiller Home Price Index is projected to trend around 222.00 points in 2021 and 224.00 points in 2022, according to our econometric models.