Home Prices Increasing at Slower Pace

New York, NY, Oct. 28, 2014 -- Home prices rose at a slower pace in the year ended in August, according to the S&P/Case-Shiller index.

Home prices increased 5.6% from August 2013, the smallest gain since November 2012.

That comes after a 6.7% increase in the year ended in July.

Nationally, prices rose 0.4% in August from July and increased 0.2% in unadjusted terms.