Home prices grew in 2018 at the slowest pace in four years, making clear that the market shifted into lower gear driven in part by higher mortgage rates. The S&P CoreLogic Case-Shiller National Home Price Index, which measures average home prices in major metropolitan areas across the nation, rose 4.7% in the year ended in December. That was a significant slowdown from 2017, when home prices grew more than 6%.

Source: Wall Street Journal February 26, 2019 15:22 UTC