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U.S. Home Prices Held Steady In June

Published by: dailynews
Published on:

Home prices held steady from a year earlier in June as high mortgage rates kept both buyers and sellers on the sidelines.

The S&P CoreLogic Case-Shiller National Home Price Index, which measures home prices across the nation, was unchanged year-over-year in June, compared with a 0.4% annual decrease the prior month.

On a month-over-month basis, the index rose a seasonally adjusted 0.7% in June, the fifth straight monthly increase.

Read the full story on The Wall Street Journal here.