The S&P/CS Composite 20 index which calculates house prices came out for the month of May on both yearly and monthly basis.

On yearly basis the index climbed from the prior revised reading of 3.83% and exceeded the forecasted 3.85% to reach 4.61% rise in house prices.

As for monthly basis the index fell from prior reading of 0.61% yet not reaching the forecasted 0.20% and coming in the middle at 0.44% rise.