​US Home Prices Hit New Record High, But YoY Appreciation Slows Significantly – Tyler Durden

US Home Prices Hit New Record High, But YoY Appreciation Slows Significantly For the fourth month in a row, US home price annual appreciation slowed in July (according to the latest data from S&P CoreLogic’s Case-Shiller indices). The 20-City Composite index rose 0.27% MoM (less than the +0.4% expected), which left the YoY price change at +5.92% – its lowest since November… Source: Bloomberg US Home prices are at record highs (a great time to cut rates)… Source: Bloomberg All 20 cities in the composite index continue to see annual home price appreciation… The home price appreciation continues to track…  — Continue at ZeroHedge News : Read More