US home prices increased by 11% in January, marking the largest year-over-year gain since 2014. Analysts noted that the increase was driven in part by a coronavirus-driven shift from urban apartments to suburban homes.
More context: The data was released in the S&P CoreLogic Case-Shiller 20-city home price index. Access the report here.
The New Paper
This story is from the March 31, 2021 edition of The New Paper. To receive TNP daily subscribe below.
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