Home-price growth slowed in June as higher mortgage rates made homeownership less affordable.

The S&P CoreLogic Case-Shiller National Home Price Index, which measures average home prices in major metropolitan areas across the nation, rose 18% in the year that ended in June, down from a 19.9% annual rate the prior month.

This post first appeared on wsj.com

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Air Travel Returned. So Did Long Lines at Security, Restaurants, Shops

Air travel has come roaring back. Not everyone was ready. Customers are…

California Latino vendors’ fruit-cutting ‘ninja’ TikTok videos amass big following

Fruit ninjas no longer exist solely inside of video games; they can…

Tucker Carlson and Fox News part ways

Fox News is parting ways with conservative firebrand Tucker Carlson, one of…

House returns from recess as leaders weigh short-term bill to avoid a shutdown

WASHINGTON — With less than three days to go before a partial…