US Home Prices Hit Record With Eight Straight Months of Gains

Homes in Santa Clarita, California. 

Photographer: Mario Tama/Getty Images
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Home prices in the US extended their climb, reaching a fresh record high.

A national gauge of prices rose 0.7% in September from August, according to seasonally adjusted data from S&P CoreLogic Case-Shiller. It was the eighth straight month of gains for the index, which doesn’t provide a specific dollar figure for homes.