The S&P/Case‑Shiller Home Price Index for the United States showed a 1.1% year‑over‑year increase in April, beating the forecast of 0.9% and the previous 0.8%. Monthly changes were 1.0%, down from 1.1% in March.
The broader House Price Index recorded a 0.1% monthly rise, matching the prior month’s figure, and a 2.0% year‑over‑year gain, up from 1.7%.
These figures suggest a modest but steady uptick in U.S. residential property values.