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

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.

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.

High housing prices hard on millennials  · National home-price growth on a year-over-year basis continued to cool down in April, according to the latest S&P CoreLogic Case-Shiller home price.

 · May home prices show 12.2% annual increase Home prices rebounding Steady gains have brought average home prices back to 2004 levels based on the Standard & Poor’s/Case-Shiller.

Atlanta’s average home price increase was the 11th fastest growing of the 20 largest metro areas and was stronger than the national pace of 6.2 percent, according to the monthly report from S&P.

United States home values have gone up 5.2% over the past year and Zillow predicts they will rise 2.2% within the next year. The median list price per square foot in the United States is $157.

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.

 · Nationally, home prices rose 3.4% annually in May, down from the 3.5% annual gain in April, according to the S&P CoreLogic Case-Shiller home price indices. The 10-city price composite rose 2.2%, down from 2.3% the month before.

Home prices climbed 2.2% compared with a month earlier, according to the S&P/Case-Shiller 20-city home price index. Prices are still off 0.7% compared with May 2011, but that’s the lowest year. The median home value in the United States is $226,800.

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The S&P CoreLogic Case-Shiller national home price index rose to an eighth consecutive record high in July, rising 5.9% year over year to 194.10. The month-over-month percentage increase was 0.7%,

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In May, the nation’s home-price gains continued to slow in many markets across the country, according to the latest Case-Shiller Home Price Index from S&P Down Jones Indices and CoreLogic.