Home prices stepped up gains in July

house-prices-on-the-riseBy Jann Swanson | Mortgage News Daily

Home prices nationally increased year-over-year at a faster pace in July than they did in June CoreLogic said on Tuesday. The company’s Home Price Index (HPI) which includes distressed properties rose 6.9 percent from a year earlier and were up 1.7 percent month over month. June over June prices had increased by 6.5 percent although the monthly increase was also 1.7 percent.

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