The Case Schiller home price index for the 20 largest cities fell -0.3% in May vs -0.2% estimate. The prior month remained at -0.3%.
YoY prices rose 2.8% vs 3.0%. That is down from 3.4% last month.The 20-City Composite posted a year-over-year increase of 2.8%, down from a 3.4% increase in the previous month. New York again reported the highest annual gain among the 20 cities with a 7.4% increase in May, followed by Chicago and Detroit with annual increases of 6.1% and 4.9%, respectively. Tampa posted the lowest return, falling 2.4%.
The 10-City Composite saw an annual increase of 3.4%, down from a 4.1% annual increase in the previous month
Regional divergence is widening: New York (+7.4%), Chicago (+6.1%), and Detroit (+4.9%) lead gains, while Tampa saw a -2.4% drop, its 7th straight annual decline.
Monthly price growth has stalled: Headline indices rose just 0.4% (non-seasonally adjusted) and fell -0.3% (seasonally adjusted) — the third straight monthly decline.
The slowdown now reflects more than just high mortgage rates—it's due to tight financial conditions, low transaction volume, and local market shifts.
Here is the data in bullet format with each city's May/April MoM change and 1-year change on one line:
Boston: +1.31% MoM, +4.64% YoY
Chicago: +1.22% MoM, +6.10% YoY
Dallas: +0.73% MoM, +0.61% YoY
Detroit: +1.08% MoM, +4.91% YoY
Los Angeles: +0.11% MoM, +1.10% YoY
Minneapolis: +0.36% MoM, +2.55% YoY
Phoenix: +0.20% MoM, +0.90% YoY
San Diego: +0.09% MoM, +0.40% YoY
Seattle: +0.12% MoM, +0.37% YoY
Washington: +0.70% MoM, +3.26% YoY
This article was written by Greg Michalowski at investinglive.com.Hence then, the article about guilty i missed the caseshiller data caseschiller home prices fell 0 3 in may was published today ( ) and is available on forex live ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
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