Data released for the S&P CoreLogic Case-Shiller Indices for September 2016 shows that home prices continued their rise across the country over the last 12 months. The S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index, covering all nine U.S. census divisions, surpassed the peak set in July 2006 as the housing boom topped out. The National index reported a 5.5 percent annual gain in September, up from 5.1 percent last month. The 10-City Composite posted a 4.3 percent annual increase, up from 4.2 percent the previous month. The 20-City Composite reported a year-over-year gain of 5.1 percent, unchanged from August.
Before seasonal adjustment, the National Index posted a month-over-month gain of 0.4 percent in September. Both the 10-City Composite and the 20-City Composite posted a 0.1 percent increase in September. After seasonal adjustment, the National Index recorded a 0.8 percent month-over-month increase, the 10-City Composite posted a 0.2 percent month-over-month increase, and the 20-City Composite reported a 0.4 percent month-over-month increase. 15 of 20 cities reported increases in September before seasonal adjustment; after seasonal adjustment, all 20 cities saw prices rise.