Residence Costs in 20 U.S. City Rose Less Than Forecast in May

Home costs in 20 U.S. cities rose less than projected in May from a year earlier, signaling both buyers and sellers had the potential to benefit during the busy selling season, according to S& P CoreLogic Case-Shiller data reported Tuesday.

Key Points

20 -city property importances indicator increased 5.2 percent from May 2015( prediction was 5.5 percent) after clambering 5.4 percentage in the year through April National home-price estimate rose 5 percentage from 12 months earlier On a monthly basis, the seasonally adjusted 20 -city measure descended 0.1 percent from April, following a revised 0.2 percentage diminish the prior month, the first back-to-back reduction since June-July 2014

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