Jun
28
Home-Price Increases in 20 U.S. Cities Hold Steady in April
ByHome prices in 20 U.S. cities rose at a steady pace in April from a year earlier, a sign demand for residential real estate remains solid enough to support both buyers and sellers, data from New York-based S&P/Case-Shiller showed Tuesday.
Key Points
- Twenty-city property values index increased 5.4 percent from April 2015 (matching median forecast) after climbing 5.5 percent in the year through March
- National home-price gauge rose 5 percent from 12 months earlier after 5.1 percent in the year ended in March
- On a monthly basis, seasonally adjusted 20-city measure increased 0.5 percent from March, the smallest gain since September (rounded), after climbing 0.8 percent….
Home-Price Increases in 20 U.S. Cities Hold Steady in April
