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Home Price Growth Slows to 7-Year Low

Mortgage News > Home Price Growth Slows to 7-Year Low
Date: 09/04/2019    Home Price Growth Slows to 7-Year Low

Home prices continued to increase at a slower pace in June, with the S&P CoreLogic Case-Shiller 20-city home price index registering only a 2.1% price increase from a year earlier. That marks the slowest growth since 2012. A year ago, home prices were rising by 6.3% but 2019 has seen a marked deceleration of prices. On a monthly basis, the index was immobile, with no change in price growth since May.

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