The numbers: The pace of home price appreciation across much of the U.S. continued to peter out in July, according to a major price barometer.
What happened: Between June and July, home prices rose only in 14 of the 20 large cities that the Case-Shiller index tracks, and most of these increases were relatively small. Seattle continued to be the only city where home prices have fallen over the past year, but the rate of home price declines has slowed.
The Federal Housing Finance Agency released its own House Price Index on Tuesday as well, which showed that home prices rose 0.4% on a monthly basis and 5% on an annual basis in July.
End the Fed Audit the Fed . printing money out of thin air. Fraud. Imo
Or as the headline should more accurately state - They fell in HIGH property & income taxed cities! I wonder why? 🤔 Geniuses MarketWatchFakenews
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