US Home-Price Growth Cools as Buyers Contend With High Rates
- San Diego posted biggest gains in a 20-city measure of prices
- US home prices climbed 6.3% in April from a year earlier
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Home-price gains in the US slowed in April as would-be buyers facing higher mortgage rates pulled back from the market.
A national measure of prices rose 6.3% from a year earlier, less than the 6.5% gain in March, according to data from S&P CoreLogic Case-Shiller.