Home Prices Linger at All-Time High
Home prices lingered at the all-time high in the latest S&P CoreLogic Case-Shiller Indices, up 5.6 percent year-over-year in May, a gain identical to April.
The S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index’s 10-City Composite rose 4.9 percent year-over-year, down from 5.0 percent in April, while its 20-City Composite rose 5.7 percent, down from 5.8 percent in April. Month-over-month, the 10-City Composite rose 0.7 percent and the 20-City Composite rose 0.8 percent.
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