U.S. home prices continued strong gains in June

Screen Shot 2016-08-31 at 8.23.48 AMBy Laura Kusisto | The Wall Street Journal

Home prices continued to make strong gains in June, as continued price run ups put a damper on demand.

The S&P CoreLogic Case-Shiller Indices, covering the entire nation, rose 5.1% in the 12 months ended in June, identical to the increase reported in May.

Price growth did show some sign of slowing in the country’s largest cities. The 10-city index, which includes some of the country’s largest cities, gained 4.3% from a year earlier, down slightly from 4.4% last month. The 20-city index gained 5.1% year-over-year, down from a 5.3% increase in May.

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