The numbers: Home prices in the 20 biggest U.S. metros rose for the seventh month in a row and hit a record high, reflecting a persistent shortage of properties for sale.
The S&P CoreLogic Case-Shiller 20-city house price index moved up an unadjusted 0.2% in September compared to the previous month. The index crested to the highest level since it was created in the late 1980s.
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