Rate of Home Price Gains Drop Sharply According to the S&P/Case-Shiller Home Price Indices

Data through April 2014, released today by S&P Dow Jones Indices, show that the 10-City and 20-City Composites posted annual gains of 10.8%. This is a significantly lower rate when compared to last month. Nineteen of the 20 cities saw lower annual gains in April than in March. California (Los Angeles, San Diego and San Francisco) saw their returns worsen by approximately three percentage points. Boston was the only city to see its annual rate improve. S&P/Case-Shiller Home Price Indices ─ April 2014

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