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US home prices rise at slowest pace in nearly a year

FILE- In this Aug. 30, 2018, file photo sold placards top sale signs outside homes on the market in Denver. On Tuesday, Sept. 25, the Standard & Poor's/Case-Shiller 20-city home price index for July is released. (AP Photo/David Zalubowski, File)

U.S. home prices rose in July at the slowest pace in 10 months as climbing mortgage rates become a more significant factor for a growing number of prospective buyers. The S&P CoreLogic Case-Shiller 20-city home price index increased 5.9 percent in July compared with a year earlier, down from a 6.4 percent annual gain the previous month.

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