Property price growth slowed in more than half of the biggest US markets in 2018

Annual residential property price growth slowed in more than half of the largest housing markets in the United States in December 2018, the latest index shows. Seattle and San Jose in California saw the biggest declines in prices in 2018 after growing at a double digit pace during the year. In December 2017 they increased by 12.4% but by last month that had fallen to 5%. San Jose has seen a similarly steep fall in price growth, down from 16.8% in December 2017 to 9.9% a year later.

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