Just as relief was in sight for rapidly escalating home prices, new tariffs from the Donald Trump administration added more fuel to the fire.

A closely watched barometer of U.S. home prices, the S&P CoreLogic Case-Shiller Composite-20 Index, was a record 210.17 as of April.

The index ascended by 0.8 percent when compared to the prior month and was 6.6 percent higher versus one year prior.

Source: Mortgage Daily