Steady gains continue in the Case-Shiller Home Price Indexes.
Case-Shiller Year-Over-Year Summary
The National Home Price NSA Index reported a 6.2% annual gain in October, up from 6.1% in the previous month.
The 10-City Composite annual increase came in at 6.0%, up from 5.7% the previous month.
The 20-City Composite posted a 6.4% year-over-year gain, up from 6.2% the previous month.
Seattle, Las Vegas, and San Diego reported the highest year-over-year gains among the 20 cities. In October, Seattle led the way with a 12.7% year-over-year price increase, followed by Las Vegas with a 10.2% increase, and San Diego with an 8.1% increase.
Nine cities reported greater price increases in the year ending October 2017 versus the year ending September 2017.
Case-Shiller Month-Over-Month Summary
Before seasonal adjustment, the National Index, 10-City and 20-City Composites all posted a month-over-month gain of 0.2% in October.
After seasonal adjustment, the National Index, 10-City and 20-City Composites all recorded a 0.7% month-over-month increase in October.
Eleven of 20 cities reported increases in October before seasonal adjustment, while all 20 cities reported increases after seasonal adjustment.