Case-Shiller home price index flattens in April

home price

home priceBy Laura Kusisto | The Wall Street Journal

Home prices slowed in April, according to a report released on Tuesday, highlighting that the housing recovery remains bumpy.

The S&P/Case-Shiller Home Price Index, covering the entire nation, rose 4.2% in the 12 months ended in April, weaker than a 4.3% increase in March.

The 10-city and 20-city indexes saw weaker increases in April than in March. The 10-city index gained 4.6% from a year earlier, compared with 4.7% in March. The 20-city index gained 4.9% year-over-year, compared with a 5% increase in both March and February.

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