U.S. home prices rose slightly in August from the previous month, thanks to measured but positive economic growth, rising prices and wider home affordability.
The S&P/Case-Shiller U.S. National Home Price Index, which measures all nine U.S. census divisions, was up 5.3 percent on an annual basis in August from 5.0 percent in July.
The S&P CoreLogic Case-Shiller 20-City Composite index also rose 5.1 percent year over year, up from July’s 5.0 percent.
