Metro Area Home Values Continue To Shine
The Standard and Poor’s Case-Shiller Home Price Indices released February 26 show strong growth in the majority of 20 cities and corresponding metro areas tracked during 2012. The S&P Case-Shiller Home Price Indices measure home prices nationally and locally by compiling data from individual indexes including a 10-City Composite Index, a 20-City Composite Index, and a 20-Metro Area Index that includes metro areas for each of the 20 cities used in the 20-City Composite. Metro Areas Show Nearly Universal Growth 19 of 20 metro areas showed higher home prices in Q 4 2012 with the New York metro area showing…