Home Prices in 20 U.S. Cities Increased 4.3% in November

Home prices in 20 U.S. cities rose at a slower pace in the year ended in November, a sign the industry struggled to find momentum even amid low mortgage rates. The median projection of 28 economists surveyed by Bloomberg called for a 4.3 percent year-over-year advance. More moderate price gains, combined with improvement in the labor market and low borrowing costs, may enable a wider swath of …

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