Home price growth surges at the end of 2020 — fastest pace in 8 years

Home price growth in the U.S. accelerated in the final month of 2020 — the fastest pace in eight years. The results top off what was a record year for the housing market despite the COVID-19 pandemic.

Standard & Poor’s said Tuesday that its S&P CoreLogic Case-Shiller national home price index posted a 10.4% annual gain in December, up from 9.5% in November — the fastest growth rate since 2013. The 20-City Composite posted a 10.1% annual gain, up from 9.2% the previous month — beating…


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