Home Prices in 20 U.S. Cities Rise More Than Forecast

Aug. 31 (Bloomberg) -- Home prices in 20 U.S. cities rose more than forecast in June from a year earlier, reflecting the influence of a government tax incentive and a sign the market was stabilizing before sales plunged in July. The S&P/Case-Shiller index of property values increased 4.2 percent from June 2009, the group said today in New York. Bloomberg's Betty Liu and Michael McKee report. (Source: Bloomberg)