S&P/Case-Shiller: May 2016

The latest release of the S&P/Case-Shiller (CSI) home price indices for May reported that the non-seasonally adjusted National index increased from April with prices rising 1.17% while the non-seasonally adjusted Composite-10 city index increased 0.76% and the Composite-20 city index increased 0.89% over the same period.

On an annual basis, the National index increased 5.05% above the level seen in May 2015 while the Composite-10 city index increased 4.40% and the Composite-20 city index increased 5.24% over the same period.

On a peak basis, all three indices still show peak declines slumping -2.12% for the National index, -10.59% for the Composite-10 city index and -8.83% for the Composite-20 city index on a peak comparison basis.