The house-price decline accelerates

Data: S&P Case Shiller; Chart: Axios VisualsAmerican home prices fell by 2.4% in just the two months from June to August. On the other hand, they’re still up 4.8% in the past six months, 13.1% over the past year, and 42.2% since the pandemic hit. Why it matters: Prices could fall a lot further yet….