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Home price gains slow in L.A. and other cities for 12th straight month

Home price gains slow in L.A. and other cities for 12th straight month



“Given the broader economic picture, housing should be doing better,” David Blitzer, chairman of the S&P index committee, said in a statement. “Measures of household debt service do not reveal any problems and consumer sentiment surveys are upbeat. The difficulty facing housing may be too-high price increases,” which continue to outpace inflation, he said.



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