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S&P/Case Schiller Home index for March -0.2% vs 0.1 estimate. YoY 0.8% vs 1.0% est

  • Prior month -0.1%. More than half of major U.S. metropolitan markets posted year-over-year price declines in February,
  • Case Schiller index for March -0/25 vs 0.1% estimate
  • YoY index 0.8%% vs 1.0% estimate
  • Chicago reported the highest annual gain among the 20 cities with a 6.1% increase in March, followed
    by New York and Cleveland with annual increases of 4.0% and 3.0%, respectively. Seattle posted the
    lowest return in March, falling 2.5%.

The S&P Cotality (formerly known as CoreLogic) Case-Shiller Home Price Indices are the leading measures of U.S. residential real estate prices, tracking changes in the value of residential real estate nationally.

Strongest 1-year home price gains

  • Chicago: +6.09%
  • New York: +4.02%
  • Cleveland: +2.99%
  • Boston: +2.05%
  • Minneapolis: +1.79%
  • Composite-10: +1.44%
  • Miami: +1.17%
  • Charlotte: +0.93%
  • Composite-20: +0.83%
  • San Diego: +0.78%

Weakest 1-year home price changes

  • Seattle: -2.50%
  • Denver: -1.95%
  • Tampa: -1.93%
  • Dallas: -1.71%
  • Phoenix: -1.63%
  • Los Angeles: -1.60%
  • Las Vegas: -1.27%
  • Portland: -0.85%
  • Atlanta: -0.46%
  • Washington: -0.13%

This article was written by Greg Michalowski at investinglive.com.

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