Home prices in major U.S. metropolitan areas showed a modest monthly increase in March, according to a report released by Standard & Poor's on Tuesday.
The report showed that the S&P/Case-Shiller 20-City Composite Home Price Index edged up by 0.1 percent on a seasonally adjusted basis in March compared to a 0.2 percent increase in February.
On a non-seasonally adjusted basis, prices were essentially unchanged in March compared to a 0.8 percent drop in the previous month.
Compared to the same month a year ago, the index was down by 2.6 percent in March versus a 3.5 percent year-over-year drop in February.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.