Case-Shiller Home Price Index Up 8.1% Y/Y; Pace Continues to Slow

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S&P Case-Shiller home price index rose 0.97% to 172.3 in June for the 20-City index versus June's 170.7 (revised from 170.6). That's up 8.1% year-over-year, versus 9.4% y/y in May, and the pace has been slowing since December. The June 10-City home price index also edged up 0.97% to 187.2 from a revised 185.4 (was 185.3) in May, and rose to an 8.1% y/y clip versus May's 9.4%. All 20 cities in the survey posted gains on the month and on an annual basis, with Las Vegas, San Francisco, and Miami pacing the latter.



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