US home prices jump another 5% on tumbling mortgage rates and tight supply

• US home prices climbed 5.2% year-over-year in November, according to CoreLogic.
• Falling mortgage rates and a dwindling supply have helped prop up the market.
• “This continued strength remains remarkable amid the nation’s affordability crunch,” economist Selma Hepp said.

US home prices have continued to climb, according to CoreLogic data, with tumbling mortgage rates helping prop up the nation's supply-starved housing market.

The analytics firm said Tuesday that prices jumped 5.2% year-on-year nationwide in November, up from a 4.7% gain the previous month.