Home sales price growth continued to slow across the nation in October, the tenth straight month of deceleration, according to data released Tuesday.
U.S. single-family home prices gained just 4.6% (on a seasonally-adjusted basis) over prices one year earlier, down from a 4.8% annual increase in September, the S&P/Case-Shiller National Home Price Index shows. The measure covers all nine Census divisions. Separately, the two indices tracking 10 and 20 specific cities in October gained an annual 4.4% and 4.5%, respectively, down from annual gains of 4.7% and 4.8% in September.
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