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Home prices surge 17% in May, fastest in 17 years (access required)

WASHINGTON — U.S. home prices registered the fastest growth in 17 years in May as surging demand for housing outstripped the supply. The S&P CoreLogic Case-Shiller 20-city home price index, released Tuesday, soared 17% in May from a year earlier on top of a 15% jump in April. The May increase was the biggest since August ...