The 10-City Composite reflected a 7.4% yearly increase, while the 20-City Composite recorded a 6.5% gain. Both figures represent a slight deceleration from the previous month’s results.
Monthly Trends
Before seasonal adjustments, the U.S. National Index, 20-City Composite, and 10-City Composite all showed positive momentum, with increases of 0.5%, 0.6%, and 0.6%, respectively. However, these figures indicate a slowing pace compared to earlier months.
After accounting for seasonal factors, the U.S. National Index posted a modest 0.2% monthly change. The 20-City and 10-City Composites demonstrated slightly stronger performance, with 0.4% and 0.5% monthly increases, respectively.
Expert Insights
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