Home prices rose 5.9 percent year-to-year in May and are expected to rise another 5.3 percent over the next 12 months.
MarketWatch obtained the figures from a CoreLogic forecast. While May was a solid month, it was actually a decline from April, which had a 6.2 percent increase from a year prior.
Some industry experts, as MarketWatch notes, are worried that higher prices are keeping owners from listing their homes and preventing first-time buyers from entering the market.
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