The Case-Shiller 20-City Composite rose 0.83% year-over-year in March, its softest annual gain in nearly three years, against a forecast of 0.90%. Denver fell 2.2% and Tampa 2.1%, while Chicago led with 5.0%: the Zoom-town correction is no longer a rounding error.
Case-Shiller national home prices rose just 0.7% year-over-year in March as more than half of major metros posted declines, pointing to a broadening slowdown in US housing. Source
