Average home prices increase 2.2% in May: Case-Shiller

Home prices in April were 3.5% higher compared with April 2018, according to the S&P CoreLogic Case-Shiller U.S. National Home Price Index. That is down from the 3.7% gain seen in March. The 10-City composite, however, began to gain again, rising 2.3% annually, up from 2.2% in the previous month.

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That is up from 604,000 in May but below April’s figure of 658,000. Through the first half of the year, purchases of new homes have increased just 2.2% compared with the same period last year. The.

The median home value in the United States is $226,800. United States home values have gone up 5.4% over the past year and Zillow predicts they will rise 2.5% within the next year.

Case-Shiller Jumps a Record 2.2% in May 07/31/2012BY: MARK LIEBERMAN, FIVE STAR INSTITUTE economist home prices rose sharply in May, cutting the year-year drop in prices to 0.7 percent from 1.8 percent in April,Standard & Poor’s reported Tuesday in its case-shiller home price Index. Prices in the 20 cities surveyed rose 2.2 percent month-month.

The report’s results showed that April 2019 saw an annual increase of 3.5% for home prices nationwide, falling from the previous month’s report. The graph below highlights the average home prices.

PRESS RELEASE ANNUAL HOME PRICE GAINS CONTINUE TO FALL ACCORDING TO S&P CORELOGIC CASE-SHILLER INDEX NEW YORK, JUNE 25, 2019 – S&P Dow Jones Indices today released the latest results for the S&P CoreLogic Case-Shiller Indices, the leading measure of U.S. home prices.

April Case-Shiller Results and May Forecast: Getting Back to Normal By Matthew Speakman on Jun. 25, 2019 Home prices climbed 3.5% year-over-year in April, a slowdown from 3.7% in March.

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Home prices rose sharply in May cutting the year-over-year drop in prices to 0.7 percent from 1.8 percent in April, Standard & Poor’s reported Tuesday in its Case-Shiller Home Price Index. Prices.

According to today’s S&P/Case-Shiller Home Price Indices report, average home prices increased 1.3% in the month of April for both the 10- and 20-City Composites. This comes after seven consecutive months of falling home prices as measured by both indices.