US home price growth slowed in October - Recent News from USA
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US home price growth slowed in October

U.S. home price growth slowed in October, a likely consequence of higher mortgage rates having worsened affordability and causing sales to fall.

The S&P CoreLogic Case-Shiller 20-city home price index rose 5 percent from a year earlier, down from an annual gain of 5.2 percent in September. That’s down from a 5.5 percent yearly gain in the previous month.

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