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US Home Prices Unexpectedly Jumped In May; Chicago Leading, Vegas Lagging
By Tyler Durden

US Home Prices Unexpectedly Jumped In May; Chicago Leading, Vegas Lagging Having declined for three straight months, US home prices in America's 20 largest cities was expected to rise very marginally (+0.1% MoM) in May (according to the latest data from S&P Cotality Case-Shiller). Instead, home prices accelerated 0.3% MoM (better than expected), lifting the annual appreciation to +1.63% YoY - the fastest annual price gain since July 2025... “Monthly price appreciation continu...