November 17, 2024 2:24 am
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Home price growth slowest in 3 years

home_pricesBy Kathleen Madigan | The Wall Street Journal

Home prices in 2014 saw yearly growth slow to the weakest pace in three years, according to a home price report released Tuesday.

The home price index covering the entire nation rose 4.6% in the 12 months ended in December, said the S&P/Case-Shiller Home Price Index report. That is down slightly from 4.7% in November and is the weakest full-year gain since home prices were falling in 2011.

Narrower measures of home prices also showed a small acceleration in December but full-year growth still was the lowest since 2011.

Continued:

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Rose Law Group Reporter, which provides Dealmaker’s content and service, is contracted by Rose Law Group. Rose Law Group is a full service real estate and business Law Firm practicing in the areas of land use/entitlements, real estate transactions, real estate due diligence/project management, special districts, tax law, water law, business litigation, corporate formation, intellectual property, asset protection, data breach/privacy law, ADA compliance, estate planning, family law, cyber-law, online reputation and defamation, lobbying, energy and renewable energy, tax credits/financing, employment law, Native American law, equine law, DUIs, and medical marijuana, among others. The views expressed above are not necessarily those of Rose Law Group pc or its associates and are in no way legal advice. This blog should be used for informational purposes only. It does not create an attorney-client relationship with any reader and should not be construed as legal advice. If you need legal advice, please contact an attorney in your community who can assess the specifics of your situation.