Home Price Growth Decelerates as High Rates Dampen Buyer Enthusiasm U.S. home prices continued to rise in April but at a slower pace, reflecting the impact of high mortgage rates on buyer demand. The S&P CoreLogic Case-Shiller 20-city house price index increased 0.4% from March and 7.2% year-over-year, down from the previous month’s 7.5% annual gain. While prices reached new record highs, the deceleration in growth indicates the housing market’s struggle with affordability issues due to elevated interest rates and limited inventory. San Diego led with the highest annual price increase of 10.3%, while Portland saw the slowest growth at 1.7%. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Fed's Inflation Blunder Sets Stage for Looming US Recession, Says Top Economist READ MORE Gold Prices Soar to Unprecedented Heights Amid Anticipation of Fed Rate Cuts READ MORE Silver Institute: Global Silver Demand Forecasted to Rise to 1.2 Billion Ounces In 2024 READ MORE Central Banks Tread Cautiously in Final Stretch of Inflation Battle READ MORE This Recession Indicator With a 45 Year Track Record Just Rolled Over… READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment