Today's release of the S&P/Case-Shiller (CSI) home price indices for April reported that the non-seasonally adjusted Composite-10 price index rose a notable 2.63% since March while the Composite-20 index also increased 2.52% over the same period.
The latest CSI data is continuing to demonstrate significant resiliency compared to past years, as prices remained stable through the typically slow winter and early spring period and now appear to be rising notably into the more active late spring.
The 10-city composite index increased 11.58% as compared to April 2012 while the 20-city composite increased 12.05% over the same period.
Both of the broad composite indices show significant peak declines slumping -26.81% for the 10-city national index and -26.22% for the 20-city national index on a peak comparison basis.
To better visualize today’s results use Blytic.com to view the full release.