Market Update: Home prices continue strong annual gains, slower monthly gains September 24, 2013 This morning’s Case-Shiller report shows a 12.4% annual gain and a 0.6% monthly gain. Quicken Loans Director of Capital Markets Bill Banfield offers the following comments on the report: “Home prices continued strong year-over-year climbs, but month-over-month gains slowed. The slowing in monthly gains is not a nail in the recovery’s coffin, in fact it shows a normalizing of the market and that this growth can be sustained.” If you would like to talk to someone at Quicken Loans, please contact us.
