The latest S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index says that for August, 2016 home prices continued to rise across the country.  The report showed a 5.3% annual gain in August, up from 5.0% last month.  In addition, their 10-City Composite posted a 4.3% annual increase, up from 4.1% the previous month and their 20-City Composite reported a year-over-year gain of 5.1%, up from 5.0% in July.

“…While the stock market recovery has been greater than the rebound in home prices, the value of Americans’ homes at about $22.3 trillion is slightly larger than the value of stocks and mutual funds at $21.2 trillion.”  Said David M. Blitzer, Managing Director and Chairman of the Index Committee at S&P Dow Jones Indices.

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Click here to read the full report on S&P Indices.