April 30th, 2019 | Mortgage News
Home price gains continue to cool as they drift down to more normal levels due in part to an uptick in housing inventories. The S&P Case-Shiller 20-City Home Price Index rose 3% from February 2018 to February 2019, up 0.2% from January to February. The national index increased 4% annually. Home price gains topped out in late 2013 with double-digit gains. A spokesperson for the index said that the pace of home prices continues to slow.
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