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Prices at the national level were 4.3% higher than the year before.
"House price increases continue to shrink," said David M. Blitzer, of Standard & Poor's, in the report. "In 16 of the 20 cities monitored, price increases were smaller in January 2019 than in January 2018."
The largest price increases were in Las Vegas (10.5%) and Phoenix (7.5%).
"Some cities where prices have gone up in 2017-18 are now facing much smaller increases," said Blitzer.
Home price growth in the Dallas area has slowed in recent months as the number of homes on the market has increased.
Despite the more modest gains recorded recently, home prices in the Dallas area are at an all-time high in the Case-Shiller Index.
House prices in Dallas are nearly 50% higher than those before the Great Recession in 2007.
"The national housing market continues to return to normal" early 2019 and creates a spring in which buyers will have more power than over the years but may have to work hard to find a deal favorable, "said Matthew Speakman, economic analyst at Zillow, in a statement." The once very hot and in demand markets have seen the growth in the value of their home gradually slow down in recent months.
"The recent slowdown should be seen more as a healthy rebalancing than as a radical change in trends or an imminent sign that the solid fundamentals of the real estate market will collapse."
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