novascotia.ca - Nova Scotia Canada - Government of Nova Scotia

Home > Economics and Statistics > Selected Daily Stats Article
For additional information relating to this article, please contact:

Thomas StorringDirector – Economics and Statistics
Tel: 902-424-2410Email: Thomas.Storring@novascotia.ca

November 24, 2015
US S&P/CASE-SHILLER HOME PRICE INDICES, SEPTEMBER 2015

Data through September 2015, released by the S&P Dow Jones Indices for its S&P/Case-Shiller Home Price Indices, the leading measure of U.S. home prices, showed that the Composite 10-City and Composite 20-City indicators both increased by 0.6 per cent on a month to month comparison (seasonally adjusted). On a year-over-year basis the 10-City and 20-City Composites recorded gains of 5.0 and 5.5 percent, respectively and appear to be accelerating slightly in the latter part of 2015. 

Year-to-date (January-September 2015 vs. January-September 2014) growth for the indexes have averaged 4.6 per cent for the composite 10-city and 4.9 per cent for the composite 20-city. Over the first nine months of the year, Denver has led growth with 10.1 per cent followed by San Francisco (+10.0%) and Dallas (+8.7%). Price have risen in all 20 cities with the smallest increases in Washington-DC (+1.2%), Chicago (+2.0%) and Cleveland (+2.1%).

Source: S&P Down Jones Indices