Home price gains running out of steam?

Case-Shiller national index shows Q4 weakness

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All three home price indices maintained by S&P/Case-Shiller finished 2012 with strong gains, but showed signs of losing momentum in the final three months of the year.

Case-Shiller’s National Home Price Index was up 7.3 percent from a year ago in the fourth quarter. The 20-City and 10-City Composite indices saw annual gains in December of 7.3 percent, 6.8 percent and 5.9 percent, respectively.