The numbers: The S&P CoreLogic Case-Shiller 20-city index rose by 0.4% in September compared with August, on a seasonally adjusted basis. The index was 2.1% higher than a year ago, continuing a slow rate of home-price growth.
The Case-Shiller national index, meanwhile, recorded a higher rate of growth on an annual basis at 3.2%, but the same increase on a month-to-month level as the 20-city index.
What happened: Phoenix saw the biggest increase in home prices, according to S&P CoreLogic Case-Shiller Indices, with a 6% uptick from last year. Charlotte, N.C., was next with a 4.6% increase, followed by 4.5% growth in Tampa, Fla.
Read entire story here in Marketwatch website.
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