As expected, this morning’s news from S&P Case-Shiller shows home prices rising, but at a lower rate as the year ended.
Home prices slowing down: Case-Shiller – Economic Report – MarketWatch.
In another home price announcement this morning, the Federal Housing Finance Agency said home prices rose a seasonally adjusted 0.8% in December. FHFA data comes from mortgages sold to or guaranteed by Fannie Mae and Freddie Mac. Compared with last year, prices were up 7.7%.
FHFA: U.S. home prices up 0.8% in December – MarketWatch.
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