Wednesday, June 29, 2016

S&P/Case-Shiller: April 2016

The latest release of the S&P/Case-Shiller (CSI) home price indices for April reported that the non-seasonally adjusted National index increased from March with prices rising 1.05% while the non-seasonally adjusted Composite-10 city index increased 0.99% and the Composite-20 city index increased 1.11% over the same period.

On an annual basis, the National index increased 5.03% above the level seen in April 2015 while the Composite-10 city index increased 4.89% and the Composite-20 city index increased 5.44% over the same period.

On a peak basis, all three indices still show significant peak declines slumping -3.21% for the National index, -11.27% for the Composite-10 city index and -9.63% for the Composite-20 city index on a peak comparison basis.

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