House prices hit yet another record-high in February as the market continues to defy expectations in the face of soaring mortgage rates, a new report shows.
According to the S&P CoreLogic Case-Shiller Index, home values increased 6.4 percent compared to last year, marking the fastest pace of growth since November 2022.
San Diego - which already has among the highest prices in the US - has seen the biggest uptick in prices, rising 11.4 percent over the year.
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