Effingham, IL-(Effingham Radio)- The rapid rise in home prices may finally be cooling just a bit.
The S&P CoreLogic Case-Shiller index shows home prices rose at an annual rate of 19-point-eight percent in August, which is the same as the previous month. It’s the first time the annual gain hasn’t jumped since early 2020. Still, prices in the 20-city index remain at an all-time high.
Phoenix, San Diego and Tampa topped the list for biggest price increases.
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