Case-Shiller: Home price gains are shrinking, further escalating a housing market slowdown

Las Vegas continues to lead the nation in annual gains

In January, annual home price gains slid nationwide, according to the latest Case-Shiller Home Price Index from S&P Dow Jones Indices and CoreLogic.

The report’s results showed that January 2019 saw an annual increase of 4.3% for home prices nationwide, inching backwards from the previous month’s report.

The graph below highlights the average home prices within the 10-City and 20-City Composites.

Before seasonal adjustment, the National Index decreased 0.2% month over month in January. The 10-City Composite and the 20-City Composite posted a 0.3% and 0.2% month over month decrease.

After seasonal adjustment, the National Index recorded a month-over-month gain of 0.2% in January. Notably, the 10-City Composite did not post any gains; however, the 20-City Composite posted a 0.1% month-over-month increase.

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