Average home prices registered a record monthly increase in April, according to the latest S&P/Case-Shiller Home Price Indices.

Home prices shot up a record-breaking 2.6 and 2.5 percent, respectively, in the Case-Shiller 10- and 20-city composites indices on a monthly basis in April, the indices found.

All 20 cities and both composites showed positive year-over-year growth for at least the fourth consecutive month.

On an annual basis, prices were up 11.6 percent and 12.1 percent, respectively, for the 10- and 20-city composites, according to the indices.

“The 10- and 20-city composites posted their highest monthly gains in the history of S&P/Case Shiller Home Price Indices,” said David M. Blitzer, chairman of the index committee at S&P Dow Jones Indices. “The recovery is definitely broad based.”

“The two composites showed the largest year-over-year gains in seven years. Atlanta, Las Vegas, Phoenix and San Francisco posted year-over-year gains of more than 20 percent in April. San Francisco was the highest at 23.9 percent. Phoenix posted 12 consecutive months of double-digit growth. Source: S&P/Case-Shiller Home Price Indices

Back to top
The best event in real estate kicks off next week! Tickets are selling quickly.Register Now×
Limited time: Get 30 days of Inman Select for $5.SUBSCRIBE×
Log in
If you created your account with Google or Facebook
Don't have an account?
Forgot your password?
No Problem

Simply enter the email address you used to create your account and click "Reset Password". You will receive additional instructions via email.

Forgot your username? If so please contact customer support at (510) 658-9252

Password Reset Confirmation

Password Reset Instructions have been sent to

Subscribe to The Weekender
Get the week's leading headlines delivered straight to your inbox.
Top headlines from around the real estate industry. Breaking news as it happens.
15 stories covering tech, special reports, video and opinion.
Unique features from hacker profiles to portal watch and video interviews.
Unique features from hacker profiles to portal watch and video interviews.
It looks like you’re already a Select Member!
To subscribe to exclusive newsletters, visit your email preferences in the account settings.
Up-to-the-minute news and interviews in your inbox, ticket discounts for Inman events and more
1-Step CheckoutPay with a credit card
By continuing, you agree to Inman’s Terms of Use and Privacy Policy.

You will be charged . Your subscription will automatically renew for on . For more details on our payment terms and how to cancel, click here.

Interested in a group subscription?
Finish setting up your subscription