February 01, 2023 - 5:55am | By Kyle Cornell
(Washington, DC) -- Home prices growth is slowing.
The latest S&P CoreLogic Case-Shiller U.S. National Home Price Index released Tuesday showed prices jumped just under eight-percent in November. That's down from October's year-over-year growth rate of just over nine-percent.
Miami, Atlanta and Tampa, Florida saw the biggest year-over-year jump in prices.
November marked the fifth-straight month of falling home prices in the U.S.
Last July was the first month to see a month-over-month decrease since February 2012.