Today's release of the S&P/Case-Shiller (CSI) home price indices for June reported that the non-seasonally adjusted Composite-10 price index rose a notable 2.20% since May. The Composite-20 index also increased 2.15% over the same period. The latest CSI data continues to demonstrate significant resiliency compared to past years, as prices remained stable through the typically slow winter and early spring periods. The data now appear to be rising notably through the more active late-spring period.
The 10-city composite index increased 11.89% compared to June 2012, while the 20-city composite increased 12.07% over the same period. Both of the broad composite indices still show significant peak declines, slumping 23.39% for the 10-city national index and 22.75% 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.