U.S. home prices continued to increase in March, rising 2.1% on an adjusted basis compared with February and 20.6% compared with March 2021, according to the S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index.
“Those of us who have been anticipating a deceleration in the growth rate of U.S. home prices will have to wait at least a month longer,” says Craig J. Lazzara, managing director at S&P DJI, in a statement.
“Mortgages