Case-Shiller Home Price Index
The Case-Shiller Home Price Index, which is considered the “gold standard” for appreciation, showed home prices rose 0.9% in December and 18.8% year over year, which was unchanged from the previous report. Appreciation remains at very high levels, even in the face of rates, which started to move higher in December. They continued to increase since then, so we could start to see these figures moderate a bit, but with the increase in cash buyers and investors, they may not be as affected.