Yearly price growth weakened in all 20 cities surveyed,with Miami and Tampa still at least 33 percent below their housing bubble peaks.
August 26, 2014 at 10:00 AM
1 minute read
U.S. home prices increased at a slower pace in June—a cooldown that could continue for several more months.
The Standard & Poor’s/Case-Shiller 20-city home price index rose 8.1 percent in June from 12 months earlier, according to a Tuesday report. That’s down from 9.4 percent a month earlier and the smallest annual gain since December 2012.
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