Sep 29, 2015

US home prices rise steadily in July, lifted by higher sales

WASHINGTON (AP) — U.S. home prices rose at a solid pace in July, as would-be buyers competed for a diminished supply of available housing. The Standard & Poor's/Case-Shiller 20-city home price index climbed 5 percent in July from a year earlier. That's up from a 4.9 percent annual pace in June. Home prices rose in all 20 cities over the past 12 months. San Francisco posted the biggest gain of...

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