U.S. Home Price Increases Still Slowing

I read in today's Chicago Tribune that the average U.S. home rose 1.12% in the fourth quarter of 2006, compared to 3.03% in the fourth quarter of 2005.

For all of 2006, prices increased 5.9%, a big change from the 13.2% increase in 2005.

However, to put it in perspective, home prices in 2006 still increased faster than other goods and services.