US Housing Market: 2022 Opens With 19.2% House Price Surge

House prices in the U.S. rose even further by January-end, increasing 19.2% year over year, based on the S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index.

The increase was "the fourth-largest reading in 35 years of history," according to S&P Dow Jones Indices Managing Director Craig Lazzara, and a stronger price hike compared to the previous month's 18.9% growth. The index was up 1.6% from the previous month after seasonal adjustment.

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