Video: U.S. Seasonally Adjusted Home Prices Fall In May: S&P/Case-Shiller
A closely watched survey said on Tuesday, U.S. single-family home prices fell in May on a seasonally adjusted basis, falling short of expectations calling for a slight gain. The S&P/Case Shiller composite index of 20 metropolitan areas declined 0.3 percent in May on a seasonally adjusted basis. Non-seasonally adjusted prices rose 1.1 percent in the 20 cities, compared to an expectation of a 1.5 percent rise.
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