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Home prices grow at slower pace

CNNMoney - Jan 27, 2015
Home prices nationwide rose in November, but the growth slowed, raising concerns about the strength of the housing market recovery.

The S&P/Case-Shiller index of home prices in 20 major U.S. cities showed Tuesday that prices were up 4.3% in November, compared with last year. In October, the annual growth rate was 4.5%.

On a month-to-month basis, home prices actually edged lower in November from October, extending a slowdown that's been going on for months.

The report points to continued weakness in 2015, according to David Blitzer of S&P Dow Jones Indices.
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