Home prices rose 4.3% annually in June, unchanged from the gain seen in May, according to the S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index.
Home prices rose 4.3% annually in June, unchanged from the gain seen in May, according to the S&P CoreLogic Case-Shiller U. S. National Home Price NSA Index. Gains had slowed slightly in May, so this appears to be a small recovery from the coronavirus-induced setback in home sales in March and April. The 10-City Composite increased 2.8% annually, down from 3% in the previous month. The 20-City Composite rose 3.5% year-over-year, down from 3.6% in the previous month. Phoenix, Seattle and Tampa continued to post the strongest annual gains among the 19 cities (Detroit was excluded due to continued reporting issues).
