Home Price Growth Steadies And Slows In January, S&P/Case-Shiller Says

March 31, 2015 2:24 PM

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Price growth for single-family homes sold in January slowed slightly, confirming that the housing market has stabilized and is responding to underlying economic forces rather than the chaos of a recession, data released Tuesday by S&P/Case-Shiller indicates.

On a national basis, prices appreciated 4.5% (seasonally adjusted) year-over-year in January 2015, compared to 4.6% (seasonally adjusted) year-over-year in December 2014, according to the S&P/Case-Shiller National Home Price Index, which tracks all nine Census divisions. The 20 cities tracked by S&P...

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