Home-price growth accelerated in September, as a widespread shortage of homes for sale spurred competition among home buyers.
The S&P CoreLogic Case-Shiller National Home Price Index, which measures average home prices in major metropolitan areas across the nation, rose 7% in the year that ended in September, up from a 5.8% annual rate the prior month. September marked the highest annual growth rate since May 2014.
Sales…
This post first appeared on wsj.com
