In January, annual home price gains slid nationwide, according to the latest Case-Shiller Home Price Index from S&P Dow Jones Indices and CoreLogic.
The report’s results showed that January 2019 saw an annual increase of 4.3% for home prices nationwide, inching backwards from the previous month’s report.
The graph below highlights the average home prices within the 10-City and 20-City Composites.
Before seasonal adjustment, the National Index decreased 0.2% month over month in January. The 10-City Composite and the 20-City Composite posted a 0.3% and 0.2% month over month decrease.
After seasonal adjustment, the National Index recorded a month-over-month gain of 0.2% in January. Notably, the 10-City Composite did not post any gains; however, the 20-City Composite posted a 0.1% month-over-month increase.
Suraj Shrestha is an associate at Harborside Partners. He has been taking the lead role on research projects; to develop and implement online marketing strategies for search engine optimization and social media marketing. He is one of the core parts for helping to grow business revenue and the company’s online presence.