Home price growth slows in California metros

  • California home growth has finally started to show signs of slowing down.
  • Markets like Detroit, Pittsburgh and Las Vegas are beginning to improve significantly.
  • San Jose is the only California metro that ranks in the top 10 for appreciation spanning the second and third quarters.

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For nearly four years, price appreciation in California metros has kept the West afloat and led the nation in growth. But moving forward, these markets can not be trusted to pull the same weight; data suggest cooling appreciation across the state.