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News and Opinion: January 31, 2023. The 12-Month Home Price Index Increased 7.69% With Respect to Last Year in November 2022
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@marcusantoniu26
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The 12-month National home price index increased again in the United States. According to the S&P CoreLogic Case-Shiller National Home Price Index, the 12-month increase in November 2022 was 7.69% compared to the one reported for October 2022 which was 9.24%.
The 7.69% actually represents a deceleration in the home price increase. Now it is similar to the inflation rate, so in real terms, the home prices have essentially become stagnant in 1 year.
The index in November 2022 was 297.29. October 2022's index was 298.99, so the month to month change was -0.57%. In November 2021, the index was 276.07
Link for the source of the graph