Home Price Gains Slow Down in July
September 26, 2018
Home prices showed an annual increase of 6 percent in July, down from June’s 6.2 percent. This data comes from the S&P CoreLogic Case-Shiller Index, which is considered to be the leading measure of U.S. home prices.
The 20-city index, which is a weighted composite of 20 metro areas, saw an increase of 5.9 percent annually, down from 6.4 percent in the previous month. The west coast saw the largest increases, with Las Vegas increasing by 13.7 percent, Seattle increasing by 12.1 percent, and San Francisco increasing by 10.8 percent.