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Home-Price Gains Slowed in September. But They’re Still Rising Fast.

·3 min read
Home-Price Gains Slowed in September. But They’re Still Rising Fast.

Home prices nationally rose at an annual rate of 19.5%—down slightly from an August high of 19.8%, according to the Case-Shiller Indices. “If I had to choose only one word to describe September 2021’s housing price data, the word would be ‘deceleration’,” Craig J. Lazzara, managing director at S&P Dow Jones Indices, which publishes the Case-Shiller Indices, said. The release’s 20-city index, which gauges home prices in 20 of the country’s largest metropolitan areas, continued a deceleration that began last month.