CoreLogic: US home prices rise 1.5% in June, up from 1.2% in May - XHB News | RalliesCoreLogic: US home prices rise 1.5% in June, up from 1.2% in May
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XHB• U.S. home prices accelerate modestly in June
- CoreLogic analysis of the S&P Cotality Case-Shiller index showed U.S. home prices rose 1.5% y/y in June, up from 1.2% in May.
- The 10-City composite gained 2.9% y/y; the 20-City composite rose 2.1% y/y, both outpacing the national index.
- National prices increased 0.4% m/m, about half the 2015-2019 pre-pandemic June average gain of 0.8%.
- Chicago led major metros with a 6.9% annual gain; Seattle posted a 1.9% annual decline.
- Higher-priced homes led monthly gains across tracked metros, signaling uneven demand as the recovery stays slow and regionally split.
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