Home Prices Rose 0.2% in September

November 24, 2015 2:12 PM

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Home Prices Rose 0.2% in September

Annualized U.S. single-family home prices rose in September at a faster pace than in August and above market expectations, a closely watched survey showed on Tuesday.

The S&P/Case Shiller composite index of 20 metropolitan areas gained 5.5 percent in September on a year-over-year basis compared with 5.1 percent in the year to August. It was above the 5.1 percent estimate from a Reuters poll of economists.

Also read: Broward home and condo sales slow down in September

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