Home prices rise at slowest annual rate in 13 years

Rising home prices are showing signs of slowing down. U-S home prices rose in October, but at the slowest annual rate in more than 13 years. Government data show home prices went up just 1-point-7 percent last month from a year earlier. Home price increases are now a fraction of what they were during and immediately after the COVID-19 pandemic. It’s another positive sign in a housing market that’s been too expensive for many would-be home buyers.