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Home Prices in 20 U.S. Cities Increased 5% in Year to June
- Denver, San Francisco showed biggest gains in 20-city gauge
- Prices nationwide rose 4.5% in the 12 months ended in June
Home Prices Climb 5% in 20 U.S. Cities During June
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Home prices in 20 U.S. cities climbed 5 percent in June from the same month a year earlier, a sign of more progress in the housing market.
The increase in the S&P/Case-Shiller index of property values matched the year-over-year gains in the prior three months, the group said Tuesday in New York. The median estimate of economists surveyed by Bloomberg called for a 5.1 percent year-over-year advance. Nationally, prices rose 4.5 percent.