Thursday, September 27, 2012

Home prices rose in July in 20 major US cities

WASHINGTON - -- Home prices kept rising in July across the United States, buoyed by greater sales and fewer foreclosures.

The Standard & Poor's/Case Shiller index reports that national home prices increased 1.2 percent in July compared with the same month last year. That's the second straight year-over-year gain after two years without one.

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