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5 charts show how home prices have slowed down
Home prices aren’t rising as fast as they did a year ago, Wall Street Journal housing blogger Nick Timiraos reports.
Using data from the latest S&P/Case-Shiller index, Timiraos finds that home prices rose 6.2 percent in June from a year earlier. In five different charts, he examines what is causing the slowing, and tries to find out whether, when, and at what level year-over-year price changes will normalize.
Read more on what Timiraos finds at the Wall Street Journal blog.