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  • Writer's picturegracecre

Home prices continued to rise in November

 



Prices improved 5.1% annually, the latest Case-Shiller report indicates, but a small dip between October and November ended a streak of monthly gains.


Even as mortgage rates surged to nearly 8% in the fall, home prices continued to rise in November after hitting record highs the month before.  

According to the latest Case-Shiller report, the national index posted a 5.1% annual gain in November — the fifth consecutive month of year-over-year increases. The October index saw a 4.8% annual increase, while national home prices rose 3.9% between September 2022 and September 2023.

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