S&P/CS Composite-20 HPI sa (MoM) (May)

The S&P/Case-Shiller Composite-20 Home Price Index (seasonally adjusted, month-over-month) measures the change in home prices across 20 major U.S. metropolitan areas, adjusted for seasonal factors. Markets watch this indicator because it reflects the health of the housing market and consumer spending, thereby influencing the broader economic outlook.