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

U.S. home prices rose 5.2% in October, compared to a year earlier, as the housing market maintained its momentum, according to a key benchmark released tuesday. average prices rose in all 20 major.

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By David M. Kinchen Average home prices in the United States increased 2.2 percent in May over April, according to the S&P/Case-Shiller Home Price Indices released Tuesday, July 31, 2012 by S&P Dow Jones. As of May 2012, average home prices across the U.S. are back to the levels where they were in spring.

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KEYWORDS case-shiller dow jones indices home Price S&P CoreLogic Case-Shiller Indices Home prices continued to increase in May, however experts explained housing is not repeating the bubble period..

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 S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index, covering all nine U.S. census divisions, reported a 6.4% annual gain in May, remaining the same as in the previous month.

Phoenix real estate recorded a 55.2 percent increase in house prices over the past 12 months, according to the latest data from the National Association of Realtors.

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April’s data indicate that on an annual basis home prices fell by 2.2% for the 10-City Composite and by 1.9% for the 20-City Composites, versus April 2011. While still negative, this is an improvement over the annual rates of -2.9% and -2.6% recorded for the month of March 2012.

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S&P CASE SHILLER. price increase in Vegas, 6.0% increase in Phoenix, and 5.6% increase in Tampa This can be a little confusing, but the two housing price indices serve different purposes. The FHFA.

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.

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.