Home-Price Gains Continue to Slow in September

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Home-price gains continued to slow in September, according to the S&P CoreLogic Case-Shiller National Home Price Index, another sign that rising mortgage rates are sapping momentum out of the housing market

 

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RT: Housing is not a free market it’s government fraud. Fannie and Freddie are the mortgage underwriters and municipal tax departments arbitrarily set property tax values based on the revenue they need for the years spending. What could possibly go wrong?

America Is starting to miss when potus was Obama and growth was nice and steady. Ahhhh those boring old days of steady as she goes.

With the metroplex seemingly being the canaris in the mine shaft😩😩😩

But bankers want more margin. Capitalism, literally, is Socialism for the already-haves.

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Home price gains shrink to the lowest level since January 2017: September S&P Case-Shiller indexThe reading comes as the average rate on the 30-year fixed mortgage is now a full percentage point higher than it was one year ago, and affordability has fallen to the weakest level in over a decade.
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US home price growth slowed in OctoberU.S. home price growth slowed in October, a likely consequence of higher mortgage rates having worsened affordability and causing sales to fall. The S&P CoreLogic Case-Shiller 20-city home price index rose 5 percent from a year earlier, down from an annual gain of 5.2 percent in September,... Merry Christmas from the Feds.
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US home price growth slowed in OctoberU.S. home price growth slowed in October, a likely consequence of higher mortgage rates having worsened affordability and causing sales to fall. Good! Keeps inflation in check
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