Home prices rose for the eighth consecutive month in September as the housing affordability crisis continued to deepen.&nbsp;

Prices increased 0.3% nationally in the period from August to September on a non-seasonally adjusted basis, the S&amp;P CoreLogic Case-Shiller index showed Tuesday.&nbsp;

On an annual basis, prices are up 3.9% from the same time last year.

"U.S. home prices continued their rally in September 2023," said Craig Lazzara, managing director at S&amp;P DJI. "Our National Composite rose by 0.3% in September, marking eight consecutive monthly gains since prices bottomed in January 2023.&nbsp;

<i>This is a developing story. Please check back for updates.</i>

U.S. home prices continued to march higher in September despite a spike in mortgage rates, locking many would-be homebuyers out of the housing market.{ai:summary}<p>US home prices rose for the eighth consecutive month in September, increasing 0.3%. On an annual basis, prices are up 3.9% from last year. The housing affordability crisis deepens. #economy</p>

Home prices rise for eighth straight month in September

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