U.S. Home Prices Cool to Near-Two-Year Low
U.S. home prices rose at the slowest annual pace in nearly two years as mortgage prices continued to stretch affordability.
The S&P CoreLogic Case-Shiller National Home Price Index, which measures home prices across the country, rose 2.7% in the 12 months to April, the slowest on-year appreciation since mid-2023 and cooling from 3.4% in March, data released Tuesday showed.
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