Nationally, home prices in the US increased by 0.9% last month, almost unchanged from November's quarterly rate of growth of 1%, the latest day from real estate valuers and analysts Clear Capital shows.
The firm said that mild quarterly gains reflect a slight pause from buyers who tend to put purchase plans off over the holiday and winter season and it expects prices to continue growing in 2013 but at a slower rate than in 2012 of around 2.1%.
The Midwest and the South, each with quarterly gains of 0.6%, saw growth soften slightly over November and slower than the July quarterly price gains of 2.1% and 1.5% respectively.
The Northeast saw gains of 0.3% over the rolling quarter, nearly unchanged over the prior month's rate of growth. The West was the only region to see a slight uptick in quarterly price gains, with 2.1% growth.
As the firm has reported throughout the year, the West has been the front runner in the nation
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