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Home price growth has slowed for six straight months

Home price growth has slowed for six straight months

The slowdown in home-price growth follows a dip in both new and existing single home sales, which have peaked. Other measures of the housing market have also turned for the worse: Housing starts are down 8.7% from November of last year. The National Association of Home Builders sentiment index dropped seven points to 60, its lowest level in two years.  Last month, Yale Economics Professor and Nobel Laureate Robert J. Shiller told Yahoo Finance that the weakness is reminiscent of 2006.

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