Case-Shiller: Home Price Growth Slows in March – Karl Tunberg

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Economic growth topped three per cent in 2017 and is on track to beat two per cent this year. By most estimates, the economy is back to operating at its trend, a view supported by the Bank’s measures.

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Case-Shiller Indices reported slower home price growth in March with a 3.70 percent gain year-over-year as compared to 3.90 percent home price growth for the year-over-year period in 2018. This was the slowest pace of home price growth in seven years.

5 Questions with gary acosta case-shiller: home price growth slows in March – Karl Tunberg Case-Shiller’s National Home Price Index indicated slower home price growth in April. Year-over-year, home prices rose 5.50 percent in April as compared to 5.60 percent in March.

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The department also revised prior readings for orders to show a smaller decline in March than previously estimated. and could reinforce expectations that economic growth will slow during the period.