U.S. home prices are continuing to lose steam. In August, annual home-price gains slid below 6 percent for the first time in a year, according to the S&P CoreLogic Case-Shiller Index. The index, which measures average home prices in major metro areas, reported a 5.8 percent year-over-year gain, compared with 6 percent in July. The latest data comes as rising prices in recent years have made homes the least affordable in a decade. Additionally, rising […]
source https://therealdeal.com/2018/10/30/home-price-gains-hit-lowest-rate-in-a-year/
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