Steel Markets
July 29, 2015
S&P Case Shiller: Home Prices Rising
Written by Sandy Williams
The S&P Case Shiller Home Price Indices for May showed home prices continue to rise across the U.S. The 10 city composite posted a 4.7 percent gain year over year while the 20 City Composite gained 4.9 percent. The S&P/Case-Shiller U.S. National Home Price Index, covering all nine U.S. census divisions, recorded a 4.4 percent annual increase in May 2015 versus a 4.3 percent increase in April 2015.
Year-over-year prices rose most in Denver, San Francisco and Dallas, with ten cities, overall, reporting greater price increases in the twelve months ending in May 2015 compared to April 2015.
