Home Prices Show Slower Year-to-Year Increase

Home Prices Show Slower Year-to-Year Increase

Assessment

Interactive Video

Business

University

Hard

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Wayground Content

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In August, home prices in 20 U.S. cities rose by 5.6%, a slowdown from July's 6.8%. Nationally, prices increased by 5.1%, also a deceleration from the previous month. Specific cities like Detroit saw price increases, while others like San Francisco experienced declines. Despite these changes, equity index futures remained stable with a slight gain.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What were the cities that experienced declines in home prices?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the overall impact on equity index futures mentioned in the text?

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