U.S. Home Prices Ended 2017 Up 6.62%

U.S. home prices edged up slightly in December, closing the year 6.6 percent above end of 2016
December marked 68 consecutive months of annual home price appreciation
New York once again led all states in monthly gains, with home prices up 1.71 percent over last month
Ohio experienced the most negative movement, with home prices there falling 1.13 percent from November, and accounting for seven of the nation’s 10 worst-performing metros of the month
Home prices fell in nine of the nation’s 20 largest states, while six others hit new peaks
Likewise, while 11 of the 40 largest metros hit new home price peaks in December, prices fell in another 20