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From CNBC:
Nationally, prices rose 4.5% annually in May, according to the S&P CoreLogic Case-Shiller U.S. National Home Price Index. That is down from the 4.6% gain in April.
Home prices in the 10-city composite increased 3.1% annually, down from 3.3% in the previous month. The 20-city composite rose 3.7% year over year, down from 3.9% in April (Detroit was excluded from the composite due to data collection issues).
Home values increased in all 19 of the cities for which data was available, but the gains accelerated in just three. Prices were accelerating in 12 cities in April and 18 cities in March.
Regionally, price gains in Phoenix, Seattle and Tampa continued to be the strongest in the nation. Phoenix posted a 9% year-over-year price increase, followed by Seattle with a 6.8% increase and Tampa with a 6% increase. Price gains were smallest in Chicago, New York and San Francisco.
|
May 2020 |
May/April |
April/March |
1-Year |
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|
Metropolitan Area |
Level |
Change (%) |
Change (%) |
Change (%) |
||||
|
Atlanta |
158.94 |
0.5% |
0.8% |
4.2% |
||||
|
Boston |
231.35 |
0.4% |
1.4% |
4.3% |
||||
|
Charlotte |
172.57 |
0.8% |
1.1% |
5.4% |
||||
|
Chicago |
146.96 |
0.7% |
1.0% |
1.3% |
||||
|
Cleveland |
132.00 |
1.2% |
1.6% |
5.7% |
||||
|
Dallas |
196.71 |
0.5% |
0.7% |
2.8% |
||||
|
Denver |
231.39 |
0.5% |
1.0% |
3.9% |
||||
|
Detroit |
– |
– |
– |
– |
||||
|
Las Vegas |
200.78 |
0.3% |
0.8% |
4.2% |
||||
|
Los Angeles |
297.00 |
0.4% |
0.7% |
3.7% |
||||
|
Miami |
252.70 |
0.3% |
0.6% |
4.0% |
||||
|
Minneapolis |
186.76 |
0.8% |
1.9% |
5.5% |
||||
|
New York |
204.88 |
0.0% |
0.4% |
2.1% |
||||
|
Phoenix |
208.25 |
0.9% |
1.4% |
9.0% |
||||
|
Portland |
248.14 |
0.9% |
0.6% |
4.2% |
||||
|
San Diego |
273.51 |
0.4% |
1.2% |
5.2% |
||||
|
San Francisco |
275.59 |
-0.2% |
0.5% |
2.2% |
||||
|
Seattle |
271.45 |
0.6% |
1.4% |
6.8% |
||||
|
Tampa |
231.53 |
0.3% |
0.9% |
6.0% |
||||
|
Washington |
241.94 |
0.6% |
0.7% |
3.5% |
||||
|
Composite-10 |
236.98 |
0.3% |
0.7% |
3.1% |
||||
|
Composite-20 |
224.76 |
0.4% |
0.8% |
3.7% |
||||
|
U.S. National |
218.87 |
0.7% |
1.0% |
4.5% |
||||
|
Sources: S&P Dow Jones Indices and CoreLogic |
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|
Data through May 2020 |
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