Economic Growth

Rate of Home Price Increases Slowed in October

Higher mortgages weigh sales

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Home prices in most U.S. cities increased at a slower pace in October from September, as higher mortgage rates weighed on sales and dampened the housing recovery.

The Standard & Poor's/Case-Shiller 20-city home price index rose 0.2% from September to October, down from a 0.7% increase from August to September.