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Case-Shiller 20 City Home Price Index January 2017 Shows 5.7 % Year-over-Year Growth
Tuesday, March 28, 2017 6:50
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Written by Steven Hansen
The non-seasonally adjusted Case-Shiller home price index (20 cities) year-over-year rate of home price growth improved to 5.7 %. The index authors stated “The prices also hurt affordability as higher prices and mortgage rates shrink the number of households that can afford to buy at current price levels. At some point, this process will force prices to level off and decline – however we don’t appear to be there yet.”.
Source: http://econintersect.com/pages/releases/release.php?post=201703280823
