US home prices rise at slower rate in Oct. from Sept., but annual gain best in nearly 8 years

  • by: JOSH BOAK , Associated Press
  • Updated: December 31, 2013 - 8:45 AM

WASHINGTON — U.S. home prices rose in October from the previous year at the fastest pace in almost eight years. But price gains slowed in most U.S. cities from September to October, suggesting the increases are leveling off.

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