March saw a 20.6% year-on-year growth in U.S. home prices

In March, home prices saw a 20.6% annual growth, after a 20.9% annual gain in February and a 19.1% annual gain in January.
The highest year-over-year growth in the top 20-cities in March was led by Tampa at 34.8%, Phoenix with a 32.4% increase, and Miami with a 32.0% increase.
17 of the 20 cities saw high price increases in March 2022 compared to February 2022.
In March, all 20 cities saw increases before and after seasonal adjustments in which before seasonal adjustment, the 10-City composite saw an increase of 2.8% and the 20-City composite saw an increase of 3.1%, and after seasonal adjustment, the 10-City and 20-City Composites experienced increases of 2.2% and 2.4%, respectively.

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