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U.S. Home Prices Ended 2017 Up 6.62%

  • U.S. home prices edged up slightly in December, closing the year 6.6 percent above end of 2016
  • December marked 68 consecutive months of annual home price appreciation
  • New York once again led all states in monthly gains, with home prices up 1.71 percent over last month
  • Ohio experienced the most negative movement, with home prices there falling 1.13 percent from November, and accounting for seven of the nation’s 10 worst-performing metros of the month
  • Home prices fell in nine of the nation’s 20 largest states, while six others hit new peaks
  • Likewise, while 11 of the 40 largest metros hit new home price peaks in December, prices fell in another 20

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