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Signs point to housing market heating up as home prices stop slowdown in July

September 24, 2019


Home price gains have been shrinking since March 2018, but now signs point to reheating in the housing market.

The much-watched S&P CoreLogic Case-Shiller U.S. National Home Price Index rose 3.2% annually in July, the same gain reported in June. Prices are still cooling in the largest cities, however. The 10-City Composite rose 1.6% annually, down from 1.9% in the previous month. The 20-City Composite posted a 2.0% annual gain, down from 2.2% in June.

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