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US home prices rising at slower rate

At the same time, more cities starting to show reacceleration, with prices set to rise faster in 2015

WITHIN REACH: Borrowing costs still hovering near record lows may help draw more buyers into the market. The average rate on a 30-year, fixed mortgage was 3.83 per cent in the week ended Dec 25.


HOME prices in 20 US cities rose at a slower pace in the year ended in October, putting the market on better footing heading into 2015.

The S&P/Case-Shiller index of property values increased 4.5 per cent from October 2013, the smallest gain in two years, after...

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