December home prices extend decade-long growth streak

U.S. home prices continued their climb in December, extending a long-running growth streak and reaching all-time highs, according to data released Tuesday by S&P Dow Jones and the Federal Housing Finance Agency (FHFA). The FHFA Housing Price Index (HPI) and the S&P CoreLogic Case-Shiller Indices reported annual growth of 4.5 percent and 3.9 percent, respectively, marking yet another quarter of steady appreciation since 2012, according to the FHFA.