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Home Prices Are Up -- But They've Slowed Down Since the Summertime Peak

Home Prices Are Up -- But They've Slowed Down Since the Summertime Peak

In September, U.S. home prices rose 19.5% on a year-over-year basis, according to the S&P CoreLogic Case-Shiller National Home Price Index. In fact, September is the first month that saw a decrease in annual home price gains since May 2020. Many buyers have struggled to break into the housing market this year.