U.S. home prices experienced a 19.8% annual growth in February

10-city composite annual growth came in at 18.6% in February, which is an increase of 17.3% in the previous month and the 20-city composite posted a 20.2% year-over-year gain, up from 18.9% in the previous month.
The highest year-over-year gains among the 20 cities in February were led by Phoenix with a 32.9% year-over-year price increase, followed by Tampa with a 32.6% increase, and Miami with a 29.7% increase.
The U.S. National Index, before seasonal adjustment, saw a month-over-month increase of 1.7% in February, while the 10-City Composite and 20-City Composites both posted increases of 2.4%.
After seasonal adjustment, the U.S. National Index grew by 1.9% month-over-month with the 10-City posting a 2.3% increase and the 20-City Composite posting an increase of 2.4%.

Previous Next