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Home prices rose 4.8% annually in July, adding to hot streak

By Jay Heflin
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Home prices rose 4.8% annually in July, adding to hot streak

Home prices nationally rose 4.8% annually in July, up from the 4.3% annual increase in June, according to the S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index.

Phoenix, Seattle, and Charlotte reported the highest year-over-year gains, with Phoenix showing a 9.2% increase, marking the 14th consecutive month in which Phoenix home prices rose more than those of any other city.

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