Market update: Home price growth slows in January

  • March 25, 2014

This morning’s Case-Shiller House Price Index for January reported that home prices declined 0.1% month-over-month and rose 13.2% year-over-year. Quicken Loans vice president Bill Banfield offers the following comments on the report:

“Home price gains are slowing but we will continue to see momentum in the housing recovery. While many would love the home price gains we experienced in 2013 to continue, the annual moderation we’re seeing is a sure sign of a healthy housing market and that there is no bubble.”

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