Home Price Index Sets Record – Five Consecutive Months

The S&P CoreLogic Case-Shiller Indices, the leading measure of U.S. home prices, was recently released for April 2017; nationwide home prices continue their rise over the trailing 12 months. The Case-Shiller Index covers all nine U.S. census divisions which reported a 5.5% annual gain in April, down from 5.6% in March. The 10-City Composite showed a slight decrease of 4.9%, down from 5.2% the previous month and the 20-City Composite posted a 5.7% year-over-year gain, down from 5.9% in March.

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