U.S. May S&P/CS 20-City Home Price Index Beats Expectations at 1.6% Year-over-Year

SPX-1.10%
The S&P/CS 20-City Composite Home Price Index (non-seasonally adjusted) rose 1.6% year-over-year in May, exceeding economist expectations of 1.3%. The index's prior reading was revised upward to 1.2% from the originally reported 1.14%.
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