Home prices in 20 U.S. cities cool with smallest gain since 2012

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Home price growth slows down across 20 U.S. cities. FORTUNE – Home prices in 20 U.S. cities rose at a slower pace for the year ending in March 2014, though gains have surpassed economists.

The 20-City Composite gained 4.9% year-over-year, compared to 5.6% in August and the 10-City Composite gained 4.8% year-over-year, down from 5.5% in August. The national and composite Indices were.

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Existing-home sales decline for fifth time in six months First-time buyers made up 32% of sales, down from 33% the prior month. Existing-home sales account for about 90% of U.S. housing and are calculated when a contract closes. New-home sales, which will be reported Thursday, account for the remainder and are counted when contracts are signed.

The S&P CoreLogic Case-Shiller home price index rose 3.6 percent in January, down from 4.1 percent in December.

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(Bloomberg) — Home prices in 20 U.S. cities rose in February at the slowest pace since 2012, decelerating for an 11th straight month, as sellers continue to make properties more affordable to.

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Case-Shiller: Home Prices surge 6.2 percent, Outpacing Wage Growth. Las Vegas has seen prices increase 10.2 percent, while San Diego notched growth of 8.1 percent. Of the 20 metro areas tracked by the index, Washington, DC reported the smallest price gain with 3.1 percent. As the economy has steadily recovered from the 2008 financial crisis,

U.S. home prices are still rising, but at the slowest pace since October of 2012, according to the S&P CoreLogic. The U.S. city with the smallest annual price gain was San Diego, where prices.

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Home Prices in 20 U.S. Cities Rise Less Than Forecast 20-city property values index increased 6.4% y/y (est. 6.3%), the biggest gain since July 2014 National home-price gauge rose 6.2% y/y, the most since June 2014 Seasonally adjusted 20-city index.

April prices were up 0.3% in New York, up 0.6% in Las Vegas, and up 0.7% in Phoenix, the cities posting the smallest gains. of 2006, home prices on both 10- and 20-city indexes remain down about 10.

Seattle, Las Vegas, San Francisco see highest annual gains. Even Chicago and Washington, the cities with the smallest price gains, saw a 2.4% annual increase in home prices." Before seasonal adjustment, the national index reported a monthly increase of 0.05% monthly in January, while the 10-City and 20-City Composites increased by 0.3%.

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