Home prices eked out a slim gain in August, restraining annual growth to the slowest pace in almost two years, according to data released Tuesday.

In August U.S. home prices rose 0.3% from the prior month, with nine states, included energy-powered Texas and North Dakota, hitting record highs, according to CoreLogic, an Irvine-Calif.-based analysis firm.

Looking at longer-term trends, year-over-year home price growth continued to slow down in August, pointing to a more balanced market, said Mark Fleming, CoreLogic’s chief economist.

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