Home-price growth stays strong, and the West is still the best, Case-Shiller says


Shutterstock


U.S. home price growth eased slightly but stayed strong as demand outweighs supply throughout the housing market.

The S&P/Case-Shiller 20-city index rose 5.7% in the three-month period ending in May compared to a year ago, down from 5.8% in the prior period. The broader national index rose 5.6% for the year in May, the same as in April.

Nine cities reported greater price increases in the year ending in May than in April.

Seattle, Portland, and Denver had the strongest price growth.



Source link



Leave a Reply

error: Content is protected !!