Markets & Economy

US home values rise 4.4 percent in May

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Are you set up for success in 2016? Join 2,500 real estate industry leaders Aug. 4-7, 2015, at Inman Connect in San Francisco. Get Connected with the people and ideas that will inspire you and take your business to new heights. Register today and save $100 with code Readers. Takeaways: Spanning May 2014 to May 2015, U.S. homes rose in value by 4.4 percent overall. An overall slower pace of growth is good news for potential homebuyers, especially those previously discouraged by rapid price increases and bidding wars. On the other hand, home price slowdowns may influence some home sellers to avoid listing their homes. The recently released S&P/Case-Shiller U.S. National Home Price Index (HPI) points to a U.S. housing market that is seeing more consistency in terms of home price gains. Spanning May 2014 to May 2015, U.S. homes rose in value by 4.4 percent overall. In April, values rose by 4.3 percent on a year-to-year basis. “This lack of monthly growth i...