12:19 PM EST, 02/25/2025 (MT Newswires) -- US home prices increased to a fresh all-time high in December as annual growth accelerated, S&P Global ( SPGI ) division S&P Dow Jones Indices said Tuesday.

Nationally, the S&P CoreLogic Case-Shiller Index grew 0.46% sequentially in December after seasonal adjustments, following a 0.41% gain the month prior. The 10- and 20-city composites advanced 0.55% and 0.52%, respectively, up from 0.47% and 0.44% in November, according to the data.

Annually, national home prices rose 3.9% in December, up from a 3.7% increase the month prior. The 10-city gauge was up 5.1% versus a 5% rise in November. The 20-city composite growth accelerated to 4.5% from 4.3%.

"After accounting for seasonal adjustments, our National Index pushed forward to achieve a 19th consecutive all-time high," Brian Luke, head of commodities, real and digital assets at S&P Dow Jones Indices, said in a report.

New York logged an annual price increase of 7.2% in December, the highest gain among the 20 cities, while Chicago and Boston followed with gains of 6.6% and 6.3%, respectively.

Among the 20 cities, Tampa recorded the lowest return with a 1.1% decrease in December, the data showed.

Separately, the Federal Housing Finance Agency said home prices increased 0.4% on a seasonally adjusted basis in December, the same pace as November's upwardly revised figure. Annually, home prices rose 4.7% in the final month of last year. Fourth-quarter home prices rose 4.5% over the prior-year quarter and were up 1.4% sequentially.

"US house prices grew at a slightly higher rate in the fourth quarter after three straight previous quarters of weaker appreciation," FHFA Division of Research and Statistics Deputy Director Anju Vajja said. "The price growth accelerated during the quarter as the inventory of homes for sale tightened even further."

Price: 530.34, Change: -2.88, Percent Change: -0.54