US house prices climb in April
US house prices climbed 1.1% in April, figures released on Tuesday showed.
According to the Case-Shiller 20-city composite index, prices rose a seasonally adjusted 0.3% in April, climbing 4.9% year-on-year.
The rate of growth slowed down slightly from 5% in March.
"Home prices continue to rise across the country, but the pace is not accelerating," said David Blitzer, index-committee chairman at S&P Dow Jones Indices.