US CoreLogic S&P Case-Shiller Index Marches to a Slower Beat, Up 19.7% Annually in May, Marking the Second Month of Deceleration

Annual home price growth remains above 30% in Tampa, Florida; Miami and Dallas Signs of slowing homebuyer demand are spreading wider across markets and are reflected in slowing price appreciation. In May, the CoreLogic S&P Case-Shiller Index posted a 19.7% increase, down from a 20.6% gain in April, confirming a tipping point after strong reacceleration…