Steel Markets
January 28, 2019
Case-Shiller: Home Prices Rising at Slower Rate
Written by Sandy Williams
Home prices are continuing to rise but at a slower rate, reports S&P Dow Jones Indices. The S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index was nearly flat in November, slipping 0.1 percent to a 5.2 percent annual gain for the month. Indices showed a steady drop in price gains throughout 2018.
The 10-City Composite annual increase dropped to 4.3 percent, down from 4.7 percent in October, while the 20-City Composite posted a 4.7 percent year-over-year gain compared to 5.0 percent the previous month.
