U.S. home prices rose more slowly in September, indicating that weaker sales are preventing sharp price gains that were seen earlier this year, according to a monthly report released Tuesday. The Standard & Poor's/Case-Shiller 20-city home-price index rose 0.7 percent in September, down from a 1.3 percent gain the previous month. Compared to a year earlier, home prices jumped 13.3 percent, the fastest such gain since early 2006. Monthly price gains slowed in 19 of the 20 cities tracked by the index, which covers about half of U.S. homes. The index is not adjusted for seasonal variations, so the monthly changes partly reflect slower buying activity in the late summer and autumn.
GMT 08:39 2017 Saturday ,23 December
Afghan raisin houses get a facelift to boost productivityGMT 15:34 2017 Friday ,22 December
Hot US new homes market sees biggest jump in 25 yearsGMT 17:34 2017 Tuesday ,19 December
German real estate giant to swallow rival in $6bn dealGMT 11:36 2017 Wednesday ,06 December
Sahalah FM Brings 360 Building Services to The KingdomGMT 18:09 2017 Tuesday ,28 November
US new home sales rise to 10-year highGMT 14:50 2017 Monday ,30 October
London house-buyers get lift from BrexitGMT 10:38 2017 Friday ,27 October
Chinese construction firm CCCC buys Canada's Aecon for Can$1.51 bnGMT 14:05 2017 Thursday ,19 October
US home construction hits one-year low in SeptemberMaintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Send your comments
Your comment as a visitor