Forecast: Expect House Price Index up 4.0% year-over-year in May

The Case-Shiller house price indexes for April were released two weeks ago. Zillow forecasts Case-Shiller a month early, and I like to check the Zillow forecasts since they have been pretty close. From Zillow: Case-Shiller Expected to Continue Recent Leveling-Off Trend in May The April S&P/Case-Shiller (SPCS) data published [2 weeks ago] showed home prices continuing to rise slightly less than 5 percent annually for both the 10- and 20-city indices, and slightly more than 4 percent annually for the national index. April marks the eighth consecutive month in which the national ......(read more)

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