US: S&P/Case-Shiller Home Price Index rises 4.7% (YoY) in Nov vs 5% expected

“The S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index, covering all nine U.S. census divisions, reported a 5.2% annual gain in November, down from 5.3% in the previous month,” S&P Dow Jones Indices reported on Tuesday.

Key takeaways from the press release

• Data released today for November 2018 shows that the rate of home price increases across the U.S. has continued to slow.  
• The 10-City Composite annual increase came in at 4.3%, down from 4.7% in the previous month.
• The 20-City Composite posted a 4.7% year-over-year gain, down from 5.0% in the previous month.