Home prices fell for fourth straight month in October amid Fed rate hikes ...Middle East

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Home prices fell for the fourth straight month as high interest rates and stubborn inflation dampen the housing market, according to data released Tuesday. The S&P CoreLogic Case-Shiller U.S. National Home Price Index, a gauge of home prices across the country, fell 0.3 percent in October from September after seasonal adjustments. It was the fourth consecutive monthly decline for the index after home prices peaked in June, said Craig J. Lazzara, managing director at S&P Dow Jones Indices, in a Tuesday release. “Despite considerable regional differences, all 20 cities in our October report reflect these trends,” Lazzara said. “Prices declined in every city in October.” “These

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Home prices fell for fourth straight month in October amid Fed rate hikes ...Middle East

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