Inflation & Prices
US Home-Price Gains Outpace Inflation With 5.4% Annual Increase
- Listings are ticking up but affordability remains an obstacle
- In June, New York prices rose fastest, followed by San Diego
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Home-price gains in the U.S. slowed in June as buyers pulled back from the market while listings started to climb.
A national measure of prices rose 5.4% from a year earlier, according to data from S&P CoreLogic Case-Shiller. That compares with a 5.9% annual increase in May.