Home Price Growth Slows, More U.S. Renters; Stocks Open Lower

A weak start on Wall Street at Tuesday's opening bell as investors worry about oil prices and political uncertainty in Greece. Before the bell, the latest S&P/Case-Shiller index showed U.S. single family home prices gained 4.5% in October from the prior year. The increase kept with the decelerating trend in home prices but still rose stronger-than-expected. When it comes to housing, more people are renting in this country. Zillow (Z) said the number of rental households grew by 2% in 2014, paying a total of $441 billion dollars in rent. Falling oil prices is taking its toll on Civeo (CVEO). The stock tanked at the open, down 43%. The company, which provides temporary housing for oilfield workers cut jobs and lowered its revenue forecast by one-third.