Home prices drop for 3rd straight month as market cools

Home prices drop for 3rd straight month as market cools

By Lizzie Kane | Bloomberg
The US housing market pulled back even more in September, with prices slipping 1.2% from a month earlier.
It was the third straight decline for the seasonally adjusted measure of prices in 20 large US cities, according to the S&P CoreLogic Case-Shiller index.
The housing market suddenly started to cool this year, driven in part by higher borrowing costs as the Federal…

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