NEW YORK (TheStreet) -- Home prices are still rising but at a slower pace, largely due to the growing supply in the market. Prices remained flat in September from the previous month but were up 4.9% from a year earlier, according to Tuesday's S&P/Case-Shiller Home Price index, which measures prices of 20 metropolitan cities. Must Read: 10 Stocks Billionaire John Paulson Loves in 2014 "A large part of the slowdown in prices comes from increasing supply," David Blitzer, chairman of the index committee at S&P Dow Jones Indices, told TheStreet.
Why The Rise In Home Prices Is Beginning To Hit Speed Bumps
twocents@thestreet.com (Scott Gamm), The Street
Tue, 11/25/2014 - 4:17pm
Topics: york thestreet prices tuesday's s&p/case-shiller home price index stocks billionaire john paulson loves david blitzer s&p dow jones indices thestreet national association realtors miami northeast washington d.c federal reserve december freddie mac u.s economy is so much stronger than anyone expected written scott gamm york thestreet the home september read so blitzer fed year supply time market month rates earlier remained cities raise interest easing considerable
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