A trio of monthly home price indices indicate that the value of American homes continues to escalate. One forecast has continued growth in house prices.
One of the most closely watched HPIs, the S&P CoreLogic Case-Shiller Composite-20 Index, came in at 205.1 for January.
Compared to the final month of last year, the index moved higher by 0.3 percent. A 6.4 percent ascension was recorded versus the first month of last year.
Source: Mortgage Daily