January Home Prices Have Smallest Annual Gain Since April 2015

Home prices in January grew 4.3 percent, the smallest year-over-year gain recorded since April 2015, according to S&P CoreLogic Case-Shiller Indices.

The growth decreased from a 4.6 percent annual gain in December.

The 10-City Composite grew 3.2 percent year-over-year and the 20-City Composite increased 3.6 percent.

Las Vegas, Phoenix and Minneapolis had the highest annual gains among the 20 cities, increasing 10.5 percent, 7.5 percent and 5.1 percent, respectively.

The full report can be found here.

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