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US: Home prices grow at slowest pace in 10 years

Posted on 03 December 2010

From Marketwatch.com: Home-price appreciation weakened to its slowest pace in more than 10 years in the 12 months ending in November, MacroMarkets and Standard & Poor’s reported. Home prices fell in 17 of 20 cities in November compared with October.
The S&P/Case-Shiller home-price index for 10 major metro areas fell 0.4% in November compared with October, bringing the year-on-year price gain down to 1.3%. The index covering 20 cities also fell 0.4% in November and has gained 1.7% in the past 12 months……………………………………….Full Article: Source

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