Washington, DC CNN —US home prices rose slightly in February, snapping a seven-month streak of month-over-month declines, according to the latest S&P CoreLogic Case-Shiller US National Home Price Index, released Tuesday.
The national composite index now stands 4.9% below its June 2022 peak.
Miami again had the biggest year-over-year price gain in February, followed by Tampa, Florida; and Atlanta.
Miami had a year-over-year price increase of 10.8%, followed by Tampa with a 7.7% increase and Atlanta with an 6.6% increase.
In January, four West Coast cities — San Francisco; Seattle; San Diego; and Portland, Oregon — saw year-over-year price declines.