HOME PRICES UP: The data was just released for the November 2019 S&P CoreLogic Case-Shiller Home Price Index. House prices continue to increase at a modest rate across the country, with average metro markets recording a 3.5% annual gain. Among larger markets, the 20-City Composite posted a 2.6% year-over-year gain, up from 2.2% in the previous month. House prices in the Tampa Bay area rose 0.5% from November to October and were up 5.0% year-over-year.
Phoenix, Charlotte and Tampa reported the highest year-over-year gains among the 20 cities. In November, Phoenix led the way with a 5.9% year-over-year price increase, followed by Charlotte with a 5.2% increase and Tampa with a 5.0% increase.