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U.S. S&P CoreLogic Case-Shiller Rockets to 16.6%, Reaches New Records

Despite concerning acceleration in home prices since last summer, consumers are still eager to buy, and an increasing share of homes are selling over the asking price. In May, S&P CoreLogic national Case-Shiller Index skyrocketed 16.6% year over year — keeping with the theme of reaching new highs in the past few months.