Home price gains continue to weaken

BY CHRISTOPHER RUGABER 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.

"Home prices continue to rack up gains two to three times greater than the inflation. the combination of rising home prices and rising mortgage rates are beginning to affect the housing market.".

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 · Home price gains weaken yet again in March: S&P Case-Shiller index – CNBC, by . Home price gains weaken yet again in March: S&P Case-Shiller index CNBC; Home price growth slows for 12th straight month yahoo finance; view full coverage on Google News

Given the robust economic fundamentals, Freddie Mac’s economists expect the Federal Reserve to continue. gains," Kiefer says. "Existing homeowners have largely seen their properties increase in.

Home prices in western areas have led national home values higher. Over the next year, the West is expected to be out front of national gains — which are predicted to weaken. The S&P CoreLogic Case-Shiller Composite-20 Index, a closely watched barometer of U.S. home values, was 206.67 as.

 · Rising mortgage rates won’t send housing into a tailspin, but will further dampen price gains.” As of June 2014, average home prices across the United States are.

 · 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 lowest price gains were New York City at 3.1 percent and Washington, D.C., at 2.9 percent. S&P CoreLogic Case-Shiller Indices for October 2018 Yearly increases by city

At the other extreme San Francisco, Las Vegas, and Seattle continue to clock double digit gains. Nevertheless. suggest that the combination of rising home prices and rising mortgage rates are.

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