Pursuits
House Prices Rose 7.7% in Year Through June, FHFA Says
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U.S. house prices rose 7.7 percent in the year through June, extending a recovery that’s spurring more homeowners to list their properties for sale.
Prices climbed 0.7 percent on a seasonally adjusted basis from May, the Federal Housing Finance Agency said today in a report from Washington. The average economist estimate was for a 0.6 percent gain, according to data compiled by Bloomberg.