Home price gains moderated in September, with the growth rate especially slowing down in the South, according to a recent report from S&P Global.
The S&P CoreLogic Case-Shiller U.S. National Home Price index grew by 3.9 percent year over year in September, the company said in a Nov. 26 statement. This is a lower growth rate than the 4.3 percent annual gain in August. The index measures single-family home price changes across nine U.S. Census divisions. Both 10-city and 20-city indexes also registered a slower pace of growth in September.
