HousingWire posted this article in their bolg today. This reflects what I have notices around the nations real estate market. It is also representative of Arizona.
For the second consecutive month, annual home price gains
have slowed across the country, according to the latest
Case-Shiller Home Price Index from
S&P Dow Jones Indices and CoreLogic.
Before seasonal adjustment, the National Index increased 0.1% month-over-month in September. The 10-city composite came in at 4.8%, falling from 5.2% the month before. Furthermore, the 20-city composite posted a 5.1% year-over-year gain, sliding from 5.5% in August.
After seasonal adjustment, the National Index recorded a month-over-month gain of 0.4% in September.