Tag Archives: S&P/Case-Shiller: Two cities post all-time price highs

U.S. home prices continue to escalate, with average home prices tied to the 10- and 20-city composite indices increasing 2.5% and 2.4% from April to May, according to the S&P/Case-Shiller Home Price Indices report. The May index is especially significant as it marks the first time any city has reached a new all-time price high. Dallas and Denver reached record levels, passing their pre-financial crisis peaks that were set in June 2007 and August 2006. All 20 cities jumped year-over-year in May, with the 10- and 20-city composites posting their […]