U.S. home prices rose at slower pace in July

WASHINGTON — U.S. home prices rose in July but at a slower rate compared with earlier this year. The moderating price increases could help support sales.

Real estate data provider CoreLogic said Tuesday that prices rose 7.4 percent in July from July 2013. That was slightly below June’s year-over-year increase of 7.5 percent and far below a recent peak of 11.9 percent in February.

Prices rose 1.2 percent in July from June.

Read Wednesday’s Arkansas Democrat-Gazette for full details.

Upcoming Events