S&P Case Shiller home price data for April due out this morning. Consensus estimates have the 20-city composite up 10.9% year over year.
While we wait for the Case Shiller numbers, you can chew on the April home price report from LPS:
US Overall – Up 8.1% YOY
NJ State – Up 3.7% YOY
NY Metro – Up 4.8% YOY