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The pending home sales index exceeded expectations. The Case-Shiller home price index posted the slowest annual rate of appreciation since September 2012. The 20-city index is up a seasonally adjusted 3.0% year-over-year, and just 0.2% from January to February. The slowdown in appreciation is a good sign all around.
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Case-Shiller Home Price Indices reported the slowest rate of U.S. home price growth since November 2014. According to the 20-City Home Price Index, Home prices grew by 4.20 percent year-over-year and were 0.20 percent higher in December as compared to November.
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