WASHINGTON (AP) – U.S. home price gains slowed for the fifth straight month in August as higher mortgage rates have lowered home sales. The S&P CoreLogic Case-Shiller 20-city home price index, released Tuesday, increased 5.5 percent in August compared with a year earlier, down from a 5.9 percent gain in the previous month.
The S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index, covering all nine U.S. census divisions, reported a 3.7% annual gain in March, down from 3.9% in the previous month.
“Home price gains continue to ease as they have since last fall,” says David M. Blitzer, Chairman of the Index Committee at S&P dow jones indices. “For the first time since February 2008, all cities showed lower annual rates than the previous month. Other housing indicators – starts, existing home sales and builders’ sentiment – are.
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· "Home price gains continue to ease as they have since last fall," says David M. Blitzer, Chairman of the Index Committee at S&P Dow Jones Indices. "For the first time since February 2008, all cities showed lower annual rates than the previous month. Other housing indicators – starts, existing home sales and builders’ sentiment – are positive.
The S&P CoreLogic Case-Shiller Home Price Indices are the leading measures of U.S. residential real estate prices, tracking changes in the value of residential real estate both nationally as well as in 20 metropolitan regions. For a list of additional indices, please refer to the S&P CoreLogic Case-Shiller Home Price Index Methodology.
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S&P Corelogic Case-Shiller Index shows annual home price gains continue to weaken – S&P Dow Jones Indices today released the latest results for the S&P CoreLogic Case-Shiller Indices, the leading measure of U.S. home prices. Data released today for.
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Austin is leading the major Texas markets in home price gains – beating the national average. "If low interest rates and.
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