Economics
Home Prices in 20 U.S. Cities Rise by Least in Four Years
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Home prices in 20 U.S. cities rose in December at the slowest pace in four years, continuing to decelerate as buyers balked at purchases amid still-elevated housing costs and a falling stock market.
The S&P CoreLogic Case-Shiller index of property values increased 4.2 percent from a year earlier, after a downwardly revised 4.6 percent in the prior month, data showed Tuesday, below the median estimate of economists. Nationally, home prices climbed 4.7 percent, the least since 2015.