Home-Price Gains in U.S. Cities Decelerate for 14th Month

Home prices in 20 U.S. cities in May decelerated for a 14th straight month, underscoring moderation in the nation’s real estate market.

The S&P CoreLogic Case-Shiller index of property values increased 2.4% from a year earlier after April’s 2.5% advance, according to data out Tuesday. The gauge for monthly basis prices improved slightly while nationally home-price growth also moderated from May of last year.