WASHINGTON / NEW YORK – individual units in the US prices rose 4.9% year on year from September 2014 to early 2015, a figure higher than expected but reflecting a slowdown in the current trend, the Tuesday survey showed monthly by S & P / Case Shiller.
Economists polled by Reuters on average expected a 4.6% increase on this indicator, calculated on the basis of prices in 20 major US cities.
On a seasonally adjustment, prices rose 0.3% over the month while the consensus gave up only 0.1%.
“The general upward trend in house prices continues to slow,” said David Blitzer, S & P Dow Jones Indices, in a statement. “As the economy seems better that a year ago, the outlook for real estate in 2015 are stable or slightly improved,” he adds.