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Case-Shiller: Home-price gains slowed in June in all 20 major cities
Case-Shiller: Home-price gains slowed in June in all 20 major cities

Home prices continued to cool off in June, according to new figures out Tuesday. The Case-Shiller index reported that home prices grew just 6.2% in June compared with a year earlier. All 20 cities the index tracks saw price gains slow down in the month, the first time that's happened since February 2008. In Los Angeles, prices grew 10.5% year over year, Case-Shiller said. That's a relatively strong gain, but far slower than the pace seen a year ago. From May to June, prices here climbed 0.6%, barely half as fast as they did from April to May. Nationally, prices grew 0.9% in June compared with May. This trend of slowing but not falling prices, taken with other measures of...

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