Brian Luke

Home prices soared to new highs in April, once again breaking the month prior’s record, despite cool-downs across the market. Prices were up 6.3% YOY in April, down from March but still elevated, according to the S&P CoreLogic Case-Shiller National Home Price NSA Index.  With this increase, prices hit their seventh record high of the last year. Month-over-month, national prices rose 0.3% after seasonal adjustment, the same as March, while the 20-City Composite and the 10-City Composite registered gains of 0.4% and 0.5%, respectively. “For the second consecutive month, we’ve seen our National Index jump at least 1% over its previous all-time high. 2024 is closely tracking the strong start observed last year, where March and April posted the largest…