US DATA: April 20-city S&P/Case-Shiller Home Price Index +1.3% NSA
for -2.2% YOY. This comes after seven consecutive months of falling home
prices, and this is an improvement over the annual rates of -2.9% and
-2.6% recorded in March. Text: “Both Composites and 18 of the 20 MSAs
saw increases in annual returns in April compared to those published for
March; only Detroit and New York fared worse in April.” 10 of 20 areas
saw positive returns YOY.