Home Prices in 20 Cities Rose in Sept. at Slower Pace

The transcript discusses the release of SPK shoulder numbers, indicating a slight gain in home prices across the top 20 metro markets, reflecting a housing recovery in September. It highlights a slowdown in price gains, with a year-over-year increase of 4.9% in September, down from 5.6% in August. The geographic analysis shows varied regional performance, with the Northeast experiencing its first negative return since 2013, while the Southeast, led by Florida, shows sustained strength. The report also notes a slight decline in S&P 500 futures following the release.

What trend is observed in the Northeast region's housing market?

Which region showed sustained strength in home prices led by Florida?