Home prices continued their unremitting climb in March, according to a report released on Tuesday, underscoring concerns of some economists over whether the strong price gains are sustainable.
The S&P/Case-Shiller Home Price Index, covering the entire nation, rose 4.1% in the 12 months ended in March, slightly weaker than a 4.2% increase in February.
The 10-city and 20-city indexes saw similar year-over-year increases in March than in February. The 10-city index gained 4.7% from a year earlier, compared with 4.8% in February. The 20-city index gained 5% year-over-year, identical to the increase in February.