House Prices Rise Least in 20 Months: Case-Shiller
2025-06-24 13:14
By
Andre Joaquim
1 min. read
The S&P CoreLogic Case-Shiller 20-City Home Price Index rose 3.4% from the previous year in April of 2025, slowing from the 4.1% increase in the earlier month and firmly below market expectations of a 4% growth rate.
It was the softest rise since August of 2023 as the index is catching up to higher base years, while the jump in long-dated Treasury yields lifted benchmark mortgage rates.
Annual growth rates were the highest in New York (8.0%), Chicago (6.0%), Detroit (5.5%), and Cleveland (5.2%).
On the other hand, costs fell in Dallas (-0.2%) and Tampa (-2.2%).