House price growth slows to nearly two-year low as Case-Shiller makes the slowdown official

Prices are up 5.1% annually... And yet the headline reads as if this is a negative. Growth is growth! Yes, it's more moderate growth. But that's healthy! Homeowners are still seeing the value of their investment rise. And that's a positive for the economy. housing economy

To much growth too fast will cause these interruptions in the economy. It's simple economics. Don't build a house until it has a 100% buyer.

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Home price gains shrink to the lowest level since January 2017: September S&P Case-Shiller indexThe reading comes as the average rate on the 30-year fixed mortgage is now a full percentage point higher than it was one year ago, and affordability has fallen to the weakest level in over a decade.
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U.S. home-price gains keep slowing as higher rates scare off buyers, Case-Shiller showsHome-price gains cooled for the sixth-straight month as the housing market comes back into balance, according to the Case-Shiller report released Tuesday.
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