Home prices keep strengthening

By Peter King | MortgageLoan.com

U.S. home prices continue to strengthen, with prices rising from May to June in all 50 states and major metropolitan areas, according to new pricing information from Lender Processing Services (LPS).

Nationally, home prices were up 1.2 percent in June from the previous month and posted an 8.4 percent annual gain from June 2012. The biggest monthly gains were among three of the states whose housing markets were hit hardest by the downturn, led by Nevada with a 2.4 percent increase, followed by Florida and California with 1.7 and 1.6 percent monthly gains, respectively.

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August 27, 2013

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