Home Price Index Gains Ground In November

For the three month period ending in November, the S&P/CoreLogic Case-Shiller 20-city index rose 5.3 percent from the year before and 0.2 percent from October, according to MarketWatch.

Portland and Seattle each had double-digit price gains over the last 12 months, while Dallas, Denver, and Tampa all had 8 percent increases.

Higher prices are a boon for homeowners, but they’re making it hard for many would-be buyers to access the market. San Francisco, which for many months was one of the highest-flying metros in the country, may have become too expensive for its own good.

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