Home price gains ease | Waccabuc Real Estate

Home price gains ease

S&P/Case-Shiller’s 20-City index notched a 4.9% yearly gain in May, down only a tick from 5% in April but missing expectations of 5.6%. A national index covering all 9 Census divisions accelerated to a 4.4% yearly rise from 4.3%. The seasonally adjusted national index was unchanged during the month, while the 20-City index declined 0.2%. The 20-City index is 14% below its ’05 peak.

Read More At Investor’s Business Daily: http://news.investors.com/economy/072815-763737-economic-news-home-price-gains-ease-consumers-wary.htm#ixzz3hDDsiHd5

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