Mubasher: Home prices in the United States continued to rise in August, as shown by the most recent data.
The S&P CoreLogic Case-Shiller index surged more than expected, hitting an all-time high, as reported by CNBC.
American home prices registered an annual increase of 6.1% the S&P's most broad indicator, beating the expert’s expectations of a 5.8% rise, according to a recent Reuters’ poll.
The managing director of S&P Dow Jones indexes, David Blitzer said that home price increases appear to be unstoppable.
