Prior month -0.1%. More than half of major U.S. metropolitan markets posted year-over-year price declines in February,Case Schiller index for March -0/25 vs 0.1% estimateYoY index 0.8%% vs 1.0% estimateChicago reported the highest annual gain among the 20 cities with a 6.1% increase in March, followed
by New York and Cleveland with annual increases of 4.0% and 3.0%, respectively. Seattle posted the
lowest return in March, falling 2.5%.
The S&P Cotality (formerly known as CoreLogic) Case-Shiller Home Price Indices are the leading measures of U.S. residential real estate prices, tracking changes in the value of residential real estate nationally.
Strongest 1-year home price gains
Chicago: +6.09%
New York: +4.02%
Cleveland: +2.99%
Boston: +2.05%
Minneapolis: +1.79%
Composite-10: +1.44%
Miami: +1.17%
Charlotte: +0.93%
Composite-20: +0.83%
San Diego: +0.78%
Weakest 1-year home price changes
Seattle: -2.50%
Denver: -1.95%
Tampa: -1.93%
Dallas: -1.71%
Phoenix: -1.63%
Los Angeles: -1.60%
Las Vegas: -1.27%
Portland: -0.85%
Atlanta: -0.46%
Washington: -0.13%
This article was written by Greg Michalowski at investinglive.com.