The S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index, covering all nine U.S. census divisions, reported a 2.3% annual gain in May, down from a 2.7% annual gain in April.
The 10-City Composite had a year-over-year increase of 3.4%, and the 20-City Composite had a year-over-year increase of 2.8%.
New York reported the highest annual gain among the 20 cities, with a 7.4% increase in May, followed by Chicago and Detroit, with increases of 6.1% and 4.9%, respectively. Tampa was lowest, falling 2.4%.
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