Case-Shiller Home-Price Measures Show Growth Slowdown
Both the 10-city and 20-city reports from the
S&P/Case-Shiller Home Price Indices of May home prices showed the smallest
year-over-year gains since February 2013.
The indices were up 9.4% and 9.3%, respectively, but David M.
Blitzer, who chairs the Index Committee at the report's owner, S&P Dow
Jones Indices, said those numbers were "well below expectations."
Seasonally adjusted, prices
slipped from April, and among the Case-Shiller cities, Charlotte,
North Carolina, was the only one that had a bigger year-over-year gain than it
had in April.
(From Construction Dive)
Trenton H. Cotney
Florida Bar Certified Construction Lawyer
Trent Cotney, P.A.
1211 N Franklin St
Tampa, FL 33602
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