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- The index for June stands at 98.0.
- This is up from 92.4 in May.
- The Present Situation Index increased from 113.2 to 118.3, while the Expectations Index rose from 78.5 to 84.5 in June.
- The National Home Price Index, covering all nine U.S. census divisions, reported a 5.0 percent year-over-year gain in April.
- This is a slower rate than March’s 5.1 percent annual gain.
- Before seasonal adjustment, the National Index posted a month-over-month gain of 1.0 percent in April.
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- First-time homebuyers accounted for 40.8 percent of home purchases in May.
- This is the highest level seen in more than five years.
- Real estate owned properties and short sales accounted for a combined 18.0 percent share of home sales in May, down from a 20.3 percent share in May 2015.
- The U.S. home price index was at $260,000.
- This is up 30.4 percent from the market’s bottom and is 2.9 percent lower than the June 2006 market peak.
- Washington led all states with 1.9 percent appreciation month-over-month.
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