House price appreciation slowest since &#39;97: OFHEO
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Average house prices rose 3.2 percent  in the second quarter from a year ago, representing the slowest  appreciation in a decade, the Office of Federal Housing  Enterprise Oversight said on Thursday.
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House prices dropped at their steepest rate for nine years this summer, according to a survey published today which provides one of the clearest indications yet that the housing market is in decline.
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Average U.S. home prices rose 0.5  percent in the first quarter from the prior quarter and 4.3  percent from a year earlier, but price appreciation was the  slowest in a decade, the U.S. Office of Federal Housing  Enterprise Oversight reported Thursday.
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Home prices rose in the third quarter at their slowest pace since 1998, and were essentially flat when adjusted for inflation.
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House prices in the UK fell slightly in October says the Department for Communities & Local Government.
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Average U.S. home prices rose 0.5 percent in the first quarter from the prior quarter and 4.3 percent from a year earlier, but price appreciation was the slowest in a decade, a federal regulatory agency reported on Thursday.
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UK house-price inflation slowed for a second month in August, suggesting higher borrowing costs are deterring buyers, a survey by property Web site Hometrack showed.
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The US housing market remains sluggish, with sales of existing homes at their lowest level in four years.
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House prices rose by just 0.2% in September as the market continued to show signs of slowing down. It follows a rise of just 0.1% during August, said the Nationwide Building Society.
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House prices will decline 2 per cent over the next year as the market experiences a &quot;measured slowdown&quot;, the Halifax said yesterday.
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Home prices fell 6.7 percent in October, compared with a year ago, according to the S&P/Case-Shiller 10-city home-price index, a record drop as housing markets continued to deteriorate.
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UK house prices rose by 0.8% in January,  the Halifax says, but the annual rate of increase falls to its lowest rate since December 2001.
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Home building projects started in  November fell by 3.7 percent as the pace of single-family home  construction was the slowest in more than 16 years, a  government report on Tuesday showed.
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The Land Registry confirms the housing market slowed down in the last quarter of 2004.
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In August, for the first time since 1995, housing prices slipped a bit from the previous August.
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House prices dropped by 1.1% in October as the property market continues to weaken, according to the Halifax monthly house price index report.
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Housing construction plunged to the lowest level in nearly a decade last month as the housing industry continued to struggle with a severe slowdown.