Tuesday, June 30, 2015

Home Prices Increased in April

The 20-City Case-Schiller Composite gained 4.9% year-over-year in April, slightly lower than March’s gain of 5.0%. The 10-City Composite gained 4.6% in April from the previous year, down from the 4.7% year-over-year gain in March. The National index recorded a 4.2% gain on an annual basis in April, compared to a 4.1% annual gain in March.

On a monthly basis, all three indices posted increases as the 10-City Composite increased 1.0%, and the 20-City Composite and National Index rose 1.1%.

Of the cities reporting month-over month increases, Seattle and San Francisco posted gains of 2.3% and 2.0%.

Denver and San Francisco posted the highest year-over year gains, with respective price increases of 10.3% and 10.0%. Washington DC posted the slowest rate of growth, with prices increasing at an annual rate of 1.1%.

Read the S&P/Case-Schiller release.

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