Housing prices in the United States continued to fall, data showed on Tuesday.
The S&P Corelogic Case-Shiller housing price index fell 0.5% in October, marking its fourth monthly fall.
According to this index, housing prices rose 8.6% year-on-year, a slowdown from 10.4% the previous month.
The data comes amid the most aggressive interest rate hike cycle in years, as the Federal Reserve battles the worst inflation in four decades.
They also come as the housing market slows amid higher mortgage rates due to rising interest rates.
