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New Numbers Show Home Prices Slowing
Dated: February 13 2019
In fact, the report shows year-over-year home values were higher than the year before across all nine census divisions – but at varying rates. For example, states in the West South Central division – which includes Texas, Oklahoma, Arkansas, and Louisiana – were up 4.5 percent from one year earlier while Mountain states like Colorado, Arizona, Montana and Utah saw increases closer to 7 percent. All in all, the report is in line with other recent releases suggesting that home prices are no longer moving upward quite as quickly as they were before.
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