Case-Shiller: Home Prices Fully Recovered from Recession

Home prices in the U.S. have fully recovered from the recession, remaining on a pick-up with a 5.5 percent annual gain in September, according to data from the S&P CoreLogic Case-Shiller Indices, and advancing from the 5.1 percent seen in August.

The 10-City Composite in the S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index reported a 4.3 percent annual increase in September, up from 4.2 percent the previous month, and the 20-City Composite reported a 5.1 percent annual increase, unchanged from the previous month. Denver, Portland and Seattle once again reported the highest year-over-year gains among the 20 cities in September, with Seattle at 11.0 percent, Portland at 10.9 percent and Denver at 8.7 percent.

Month-over-month, the Index reported a 0.4 percent increase, with both the 10-City and 20-City Composites reporting a 0.1 percent increase.