Home-price growth sizzles in May, driving a wedge in the market

• July 5, 2017
• realestate
• Business & Markets, Real Estate Finance

Nationally, prices rose 6.6% compared to a year ago, according to a home price index released Wednesday from data provider CoreLogic. Prices rose 1.2% from April to May, the company also said. While that’s helping current owners, “for renters and potential first-time homebuyers, it is not such a pretty picture.