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BOCA RATON, FL—Property appreciation is slowing in housingmarkets across the country as upward pressure on the demand forhomeownership declines, according to the latest national indexproduced quarterly by Florida Atlantic University and FloridaInternational University faculty.

"Unraveling our model, we see that property price appreciationis decelerating in most of our measured 23 markets," said EliBeracha, a real estate professor in the Hollo School of Real Estateat FIU and one of the creators of the Beracha, Hardin & JohnsonBuy vs. Rent (BH&J) Index. "Looking back over the past fewquarters, we see slowing property appreciation, which suggests thatthe rapid property appreciation witnessed in recent quarters isalmost certainly over."

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