Home prices rose 1.6% in May as high mortgage rates and prices pose 'significant headwind'

Home price growth continued to trail inflation in May, but higher mortgage rates sidelined buyers during the traditionally busy spring buying and selling season. The S&P Cotality Case-Shiller 20-City Composite Home Price Index, which measures home prices in 20 of the nation's largest metropolitan areas, rose 1.6% in May from a year earlier...