
Home prices are still going strong, but momentum is slowing
CNN
US home prices ran hot again in April, notching another month of more than 20% year-over-year gains.
Home prices rose 20.4% in April from the year before, compared to a 20.6% rise seen in March and a 20% annual increase posted in February, according to the report. All 20 cities tracked by the index showed double-digit increases for April, according to S&P Dow Jones Indices.
The latest data represents a snapshot of a housing market in transition, even before the Federal Reserve tightened the bolts on monetary policy -- including its largest interest rate hike in almost three decades -- throwing cool water on the housing market in the process.

Oklahoma’s governor picks energy executive Alan Armstrong to fill US Senate seat through end of year
Oklahoma’s governor on Tuesday appointed energy executive Alan Armstrong to serve in the US Senate through the end of the year and finish the term of Republican Markwayne Mullin, the new homeland security secretary.












