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Home Prices Rise but at Slower Pace

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Home Prices Rise but at Slower Pace
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Mortgage rates may be up- but home prices are still going up too. The S&P/Case-Shiller Price Index for June showed prices in their 20 city composite up 2.2 percent in June compared to May and up 12.1% from a year ago. It's more proof the housing market continues to recover - and help power the overall U.S. economy. The biggest hikes: San Francisco and Las Vegas- on average it will cost about 25% more for the same house than it would have a year ago.moreless
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