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Case-Shiller home price index rises 6.2% in September

The S&P CoreLogic Case-Shiller tranquil price index rose more than expected in September in a continuation of this year’s force.

National home prices continued to rise in September, reporting a 6.2 percent annual advance on the S&P’s most broad indicator. This was better than the 6.1 percent proliferation expected by economists polled by Reuters.

“Most economic indicators lead one to believe that home prices can see further gains,” S&P Dow Jones indexes look after director David Blitzer said, before adding the index is addition “at the fastest annual rate since June 2014.”

The latest report was a get nearer to from the 5.9 percent revised increase in August.

Another key catalogue, which covers home prices in 20 cities across the U.S., enroled 6.2 percent in September, up from 5.9 percent in August.

Seasonally regulated, 13 of the 20 cities in the composite reported price increases in the year effect September 2017. Seattle, Las Vegas, and San Diego reported the highest year-over-year leave behinds among the 20 cities.

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