Topic: Home Prices Up in June: Is the Market Stabilizing?
The U.S. housing sector received some good news Tuesday -- home prices in 20 major cities rose a better-than-expected 4.2% in June on a year-on-year basis, according to the S&P/Case-Shiller U.S. National Home Price survey. Prices also rose a non-seasonally adjusted 1% in June, from May.
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