Steel Markets
November 26, 2018
Case-Shiller Index Reveals Slower Gains in Home Pricing
Written by Sandy Williams
Home price increases are slowing, according to the latest S&P CoreLogic Case-Shiller Index. The National Home Price NSA Index reported a 5.5 percent annual gain in September, down from 5.7 percent in August and the second consecutive decline. Sixteen of the 20 cities reported smaller annual price gains. Gains are now at the lowest level since January 2017.
The 10-City Composite annual increase came in at 4.8 percent, down from 5.2 percent in the previous month. The 20-City Composite posted a 5.1 percent year-over-year gain, down from 5.5 percent in the previous month.
