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US home prices will continue to outpace consumer inflation until at least 2022. However, they should rise at a slower pace than forecast three months ago. The possibility of a U.S.-China trade truce has pushed U.S. stocks into record territory. However, Reuters reports that optimism is yet to translate into a better economic outlook. That includes the laggard property market, a lynchpin to the world’s largest economy. Growth in house prices has been on a steady decline for about a year and a half. The latest S&P Case-Shiller Index showed an annual 2.0% rise in July and August. That's the weakest pace in more than seven years.

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  • Uploaded    11/19/2019
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