The Case-Shiller 20 city house price index increased 2.2% in June, the S&P reports this morning. That increase follows a 2.5% increase in May, and brings the year over year gains to 12.1%.

The composite-20 city house price index level in June was 159.54 from 156.18 in May.

The composite-10 city house price index level in June was 173.37 from 169.69 in May.


The composite-20 is at about the same level it was in April 2004.

Case-Shiller House Price Index Up 12.1 Percent Y/Y In June

All 20 cities tracked showed month over month gains in June. Las Vegas has the highest year over year growth at 24.9%. New York has had the slowest year over year growth in house prices at only 3.3% gains.