U.S. Home Prices Rose 1% in June

 

http://www.nytimes.com/2010/09/01/business/economy/01econ.html?src=mv

By THE NEW YORK TIMES

Published: August 31, 2010

A crucial index on home prices in the United States rose in June, the last month that benefited from a tax credit for home buyers.

The Standard & Poor’s Case-Shiller 20-city home price index, a widely watched indicator, on Tuesday reported a 1 percent rise in June from May, the third consecutive monthly increase.

Nationally, the index rose 4.4 percent in the second quarter of 2010, after having fallen 2.8 percent in the first quarter. Home prices in the nationwide index are 3.6 percent above their year-earlier levels in the three-month period.

http://www.nytimes.com/2010/09/01/business/economy/01econ.html?src=mv