Home prices in western areas have led national home values higher. Over the next year, the West is expected to be out front of national gains — which are predicted to weaken.
The S&P CoreLogic Case-Shiller Composite-20 Index, a closely watched barometer of U.S. home values, was 206.67 as of February 2018.
Compared to the previous month, the index indicates that home prices have ascended 0.7 percent. The increase was 6.8 percent versus the same month last year.
Source: Mortgage Daily