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Home Prices in 20 U.S. Cities Increase at a Slower Pace

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Home prices in 20 U.S. cities advanced at a slower pace in the 12 months through September as the housing market continued to make gradual progress.

The S&P/Case-Shiller index of property values increased 4.9 percent from September 2013, the smallest gain since October 2012, after rising 5.6 percent in the year ended in August, the group reported today in New York. Nationwide, prices rose 4.8 percent after a 5.1 percent year-to-year increase a month earlier.