Home Prices Steadily Rise in July 2013 According to the S&P/Case-Shiller Home Price Indices

Data through July 2013, released today by S&P Dow Jones Indices for its S&P/Case-Shiller Home Price Indices, the leading measure of U.S. home prices, showed increases of 1.9% and 1.8% from June for the 10- and 20-City Composites. For at least four months in a row, all 20 cities showed monthly gains. Phoenix posted 22 consecutive months of positive returns. Although home prices in all the cities increased, 15 cities and both Composites saw these monthly rates decelerate in July versus June. S&P/Case-Shiller Home Price Indices ─ July 2013

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