Home Prices in 20 U.S. Cities Climb by Most Since July 2014 (While Luxury Fizzles)

``The S&P/Case-Shiller index of property values in 20 cities increased 5.8 percent from a year earlier, the biggest advance since July 2014, a report from the group showed Tuesday in New York. The median projection of 31 economists surveyed by Bloomberg called for a 5.7 percent gain. Nationally, prices rose 5.3 percent year-over-year.'' -- But see The Surge in U.S. Mansion Prices Is Now Over. That article has a nice chart that shows gains in both the top 5% as well as bottom 95% slowing. The non-top-5% of the market really seems to be a low-mortgage-rates story more than anything else.