By Trey Garrison | HousingWire
Home-price appreciation slowed in August, to plus 0.3% for the Federal Housing Finance Agency’s house price index which is just below the low end of analyst expectations and down from a revised 0.5% gain in July.
Year-on-year appreciation, which had been edging up toward 6% in this report, moved down to 5.5%.
This report is now falling more in line with Case-Shiller data where appreciation has been more modest.