US Home Prices, Sales Rose in Late 2024: Report

As interest rates dropped, Americans signed more contracts to purchase homes.

Townhomes under construction in a new development in Brambleton, Va., on Aug. 14, 2024. Andrew Caballero-Reynolds / AFP

Even though U.S. housing prices remain high, Americans keep buying them, according to a pair of newly released reports.

On Dec. 31, S&P Global’s S&P Dow Jones Indices published its latest update of the S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index. Home prices rose by about 3.6 percent between October 2023 and October 2024, according to a newly published analysis.