Home-Price Gains Continue to Slow in September
Interest rates have risen and inventory in some markets has been growing
Home-price gains slowed in September for the sixth consecutive month, another sign that rising mortgage rates are helping sap the momentum out of the housing market.
The S&P CoreLogic Case-Shiller National Home Price Index, which measures average home prices in major metropolitan areas across the nation, rose 5.5% in the year ending in September, down from the 5.7% year-over-year increase reported in August.
Price...