Industry News

U.S. home-price growth slows in first quarter

Higher mortgage rates cut into appreciation
Published on Jun 5, 2006

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by CareyBot

Freddie Mac today announced that its Conventional Mortgage Home Price Index increased by 8.7 percent on an annualized basis in the first quarter of 2006, down from a revised fourth-quarter-2005 rate of 12.9 percent and a third-quarter-2005 growth rate of ...