Growth in the housing market is starting to slow, according to the latest S&P CoreLogic Case-Shiller Index, which was up 19.5% year over year in September and down from the 19.8% increase the month prior.
It was the first deceleration after 14 consecutive months of acceleration and another indicator that the surge in home prices may be starting to flag.
September's month-to-month growth slowed to a non-seasonally adjusted 0.99%, down from a 1.21% increase in August.
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