'Strongest' part of housing recovery may be done

Twin Cities home prices ended 2013 up nearly 10 percent higher than the year before, but the "strongest part of the recovery" may be done.

That's the assessment of the S&P/Case-Shiller Index, a closely watched measure of housing health here and across the country.

The national Case-Shiller index finished the year up about 11 percent. But gains are slowing from one month to the next in several cities, suggesting a loss of momentum.

Housing experts say bad weather could be exerting a drag.

Meanwhile, housing markets are still showing greater signs of health with a slowdown in the number of foreclosures. Several reports show that mortgage delinquency rates have returned to pre-housing crisis levels.

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